TORONTO — Walmart Canada stores will stop accepting Visa cards because the credit card provider charges merchants "unacceptably high" fees, according to the retailer.Walmart had been unable to agree with Visa on an "acceptable fee" and would stop accepting the firm’s credit cards from July 18, it said on Saturday.The company added it still hoped to reach an agreement with Visa.The decision would not affect the US stores of parent Wal-Mart Stores."Walmart made this business decision despite Visa offering one of the lowest rates available to any merchant in the country," a Visa spokeswoman said."We are disappointed that Walmart chose to put their own financial interests ahead of their own consumers’ choice."Representatives of Walmart Canada and Visa declined to respond to questions on specifics of payment terms.A Walmart Canada spokesman said the retailer paid more than C$100m ($78m) in credit card fees every year, but specific transaction fees were part of "confidential agreements".C...
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