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Visa (V) has no plans to start charging a digital wallet fee at his time, says global product...

Visa (V) has no plans to start charging a digital wallet fee at his time, says global product chief Jim McCarthy. The remarks follow comments from CEO Charlie Scharf about a wallet fee being "totally appropriate," and appear to be helping eBay (EBAY +0.8%) outperform. Yesterday, Jefferies argued MasterCard's fee has been priced into eBay's guidance. It thinks a 20-25 bps Mastercard fee would have a $0.03-$0.04 impact on annual EPS, and that a similar Visa fee would hurt EPS by $0.07-$0.08.
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Comments (2)
  • Michael Bryant
    , contributor
    Comments (5822) | Send Message
     
    If (V) charges a fee, I will drop them.
    21 Mar 2013, 02:36 PM Reply Like
  • LonelyInvestor
    , contributor
    Comments (102) | Send Message
     
    Looks like PayPal is a bigger threat than I once thought.
    21 Mar 2013, 03:07 PM Reply Like
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