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Divide and conquer. It's gaming and software apps now. It'll be bank transactions and commerce later on. A 1% "Apple Platform Safety Fee" on Robinhood wouldn't

by dannyw 5y ago

Divide and conquer. It's gaming and software apps now. It'll be bank transactions and commerce later on. A 1% "Apple Platform Safety Fee" on Robinhood wouldn't surprise me....

ben_w 5y ago
Sounds like you’re complaining about a hypothetical future where they charge less than Visa and MasterCard? https://www.fool.com/the-ascent/research/average-credit-card-processing-fees-costs-america/ https://www.fool.com/the-ascent/research/average-credit-card...
- blendergeek 5y ago
  No, in this world they will charge on top of Visa and Mastercard.
- ImprovedSilence 5y ago
  What about funding your robinhood account from your bank and not a card, so neither you nor robinhood pay transaction fees?
  - zrail 5y ago
    Bank rails still cost money on a per transaction basis.
    - theptip 5y ago
      ACH costs a few cents per transaction. I’ve never seen a company pass this on to their customers.
deleted 5y ago
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