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They do actually get a cut if you pay with Apple Pay.
by Hamuko 5y ago
They do actually get a cut if you pay with Apple Pay.
- lotsofpulp 5y agohttps://support.apple.com/en-us/HT204274 https://support.apple.com/en-us/HT204274 >Are there additional fees to accept Apple Pay? >No. Apple doesn't charge any additional fees.
- lmz 5y agoNo additional fees is not incompatible with getting a cut. e.g. they could take some of the card issuer's portion.
- maxsilver 5y ago> Apple doesn't charge any additional fees. They do charge additional fees, just not to customers. Those fees get tacked onto the bank/merchant in the transaction. Apple charges between 0.15% to 0.30% of total transaction, according to Financial Times. https://www.macrumors.com/2014/09/12/more-apple-pay-details/ https://www.macrumors.com/2014/09/12/more-apple-pay-details/