Mr. Darrell MacMullin at the Industry, Science and Technology Committee

On November 21st, 2011. See this statement in context.

November 21st, 2011 / 3:55 p.m.

Managing Director, PayPal Canada

If you're paying PayPal, you're not paying a Visa fee to Visa, as well as a PayPal fee to PayPal. PayPal is essentially taking that fee and charging it to the merchant. We're taking the cost from Visa and bearing that cost.

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