MasterCard CEO Doesn’t Understand ‘Exclusivity’ of PayPal-Visa Deal

PayPal and Visa jointly announced a #deal last week giving PayPal access to Visa payment rails at the point of sale, and giving Visa cards preferential treatment within the PayPal environment. The deal is exclusive for 12 months, Visa CEO Charlie Scharf noted. The world found out yesterday what that exclusivity means for #MasterCard:Read More
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