Double standard alert: Visa and Mastercard to charge wallet apps

0. phoneArena posted on 20 Mar 2013, 19:51

Mobile payments are a nice dream, and there are a number of different solutions that are trying to become the standard. But, many of the options share the same problem: they have to go through existing payment systems like Visa and Mastercard. And now, Visa and Mastercard want to start charging wallet apps to play middle-man...

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1. 3SM.. posted on 20 Mar 2013, 20:29 4

"It's totally appropriate?" More like "We just want more $$$$, that's all."

2. rusticguy posted on 20 Mar 2013, 20:55 4

One thing for sure ... PA has good graphic artists.

3. MichaelHeller posted on 20 Mar 2013, 22:43 4

We can't take credit there. We're just good with Google Image Search really.

4. wando77 posted on 21 Mar 2013, 00:27 1

EBay who has now upped there charges to 10% of the final sale plus 3.4% to PayPal has the cheek to complain about this?!?!

8. SavageLucy42 posted on 21 Mar 2013, 11:54 1

They'll use it as an excuse to charge us more, of course.

5. speckledapple posted on 21 Mar 2013, 02:01 1

Everybody is nothing but greedy .........

6. jsdechavez posted on 21 Mar 2013, 02:24 1

And in the end, the customers (US) will be charged additional, right?

7. 3SM.. posted on 21 Mar 2013, 06:23 1

Likely.

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