NEW YORK (TheStreet) -- Shares of Walmart Stores (WMT) - Get Report are declining 0.65% to $70.68 on Monday afternoon as the company said it would stop accepting Visa (V) cards at its Canadian stores, the Wall Street Journal reported.

The retail giant has 405 stores in Canada and said it was unable to agree on terms with the San Francisco-based credit card processor.

In a statement, Walmart Canada said the fees applied to purchases by Visa are too high.

"We're constantly working to reduce our operating costs, including credit card fees...Unfortunately, Visa and Walmart have been unable to agree on an appropriate fee for Visa transactions," a Walmart spokeswoman told the Journal.

Visa said it "regrets" the company's decision and that it will have a "negative impact" on consumers in Canada.

Shares of Visa are down 1.41% to $79.05 in midday trading on Monday.

(Visa is held in Jim Cramer's charitable trust Action Alerts PLUS. See all of his holding with a free trial here.)

Separately, TheStreet Ratings Team has a "Buy" rating with a score of B on Walmart stock.

The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and notable return on equity.

The team believes its strengths outweigh the fact that the company has had somewhat weak growth in earnings per share.

Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.

You can view the full analysis from the report here: WMT

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