4 ms·
The technical term for the cut is called Merchant Discount Rate (MDR). It's usually 1-3%. https://www.investopedia.com/terms/m/merchant-discount-rate.asp https
by paradite 5y ago
The technical term for the cut is called Merchant Discount Rate (MDR). It's usually 1-3%.
https://www.investopedia.com/terms/m/merchant-discount-rate.asp https://www.investopedia.com/terms/m/merchant-discount-rate....
I'm not sure what's the exact revenue share model / contractual agreements between Apple and its partner payment platforms(Stripe, etc).