Visa executive claims PayPal in-store payment service could leave consumers vulnerable to fraud

(The Paypers) In a statement released on Wednesday 15 February 2012, Jim McCarthy, global head of product at Visa, suggested that rival PayPal’s mobile payment service currently being tested at Home Depot stores could raise security issues. PayPal representatives have not as yet commented on Visa’s statements.... (The Paypers) In a statement released on Wednesday 15 February 2012, Jim McCarthy, global head of product at Visa, suggested that rival PayPal’s mobile payment service currently being tested at Home Depot stores could raise security issues. PayPal representatives have not as yet commented on Visa’s statements.

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