Last month Visa CEO, Charlie Scharf announced to Wall Street that he no longer wanted a “Frenemy” relationship with PayPal.  In his words, it was going to be either “Friend or Foe” and the choice was up to PayPal CEO, Dan Schulman.  Visa was sending too much business in PayPal’s direction only to have that company promote ACH to its customers over Visa cards.  In closing his speech, Mr. Scharf said that should PayPal choose the “Foe” war path that he would go after PayPal “in ways that people have never seen before.” 


About Michael Moeser

Michael Moeser advises clients on improving the payments experience by anticipating customer needs amid the changing landscape of banking and retail shopping. His areas of expertise include cards, checks, P2P payments, B2C transactions, remittances, faster payments, digital commerce, mobile wallets, and merchant acquisition.

Before joining Javelin, Michael held executive positions at Visa, McKinsey, Capital One, and Ondot Systems. He has given presentations at conferences such as NACHA Payments, BAI Beacon, Card Forum, Power of Prepaid, and Mobile Payments. Michael has been quoted in many publications, including Forbes, the Wall Street Journal, Financial Times, American Banker, Chicago Tribune, Bloomberg, and Washington Post.

Michael holds a BBA in finance from the Ross School of Business at the University of Michigan and an MBA in marketing and entrepreneurship from the Kellstadt Graduate School of Business at DePaul University. 

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