Visa: National payment system will increase costs, hurt customer service

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Sept. 27, 2012, 11:29 p.m. | Business — by Jakub Parusinski

Steven Parker, regional head of Visa’s operations
© RIA novosti

Jakub Parusinski

Ukrainians could soon face problems with online shopping, mobile phone payments and their electronic cards. A controversial bill recently passed by Ukraine’s parliament, if adopted, will likely worsen standards for consumers, warns Steven Parker, head of Visa operations in Southeastern and Eastern Europe, Russia and Central Asia.

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