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On the desktop, ton of apps don't do their own payments. It takes quite a lot for a company to be able to process their own payments. That's why you see a lot o
by didibus 5y ago
On the desktop, ton of apps don't do their own payments. It takes quite a lot for a company to be able to process their own payments. That's why you see a lot of pay with PayPal, Amazon, Google Pay, Apple Pay, etc.
So I think for sure people will still offer Apple Pay. The difference is that there'd be competition now, so Apple would be forced to reduce their margins to the minimum, maybe close to cost price to compete.
That's basically the point, the competition would drive prices down.
- deleted 5y ago[deleted]
- likeabbas 5y agoIt’s pretty easy to integrate Stripe as a payment processor and they only take 3%
- reilly3000 5y agoDon’t forget the + $.30. That is the most material part of transaction fees on small purchases, such as $.99 If not for the bulk discounts they must get, they would lose money at 30% of a $0.99 sale.
- mikevm 5y agoDon't they also charge + %1 for international customers?
- HatchedLake721 5y agoAnd how easy it is for a developer selling software worldwide to apply valid local taxes and report them to the right authorities?
- moonchrome 5y agoApple pay != App store payment
- manquer 5y agoIn this case he does mean apple Pay, the payment processing service. Ability to handle payment processing has high fixed costs and complexity. So you using a managed service by the big companies make sense, for a cut of the revenue. At some revenue poing it makes sense to in-house it, so % cut doesn't really impact any big vendor with millions in revenues if they were not forced to use first party payment service for in app or store payments on the mobile platform