As noted in the reporting, Apple does not take a % for services that happen entirely outside of the app. Instructing your bank to wire money to another bank, y

As noted in the reporting, Apple does not take a % for services that happen entirely outside of the app. Instructing your bank to wire money to another bank, you use the app to communicate to your bank for free, then the service is entirely between non digital entities entirely outside of the app and outside of the app's backend. This distribution fee, the writer of the post and the reader of the post it got distributed to are both in the app. . . . > Transferring money between banks accounts via an app seems like a digital service. How is it not? My prior job, I spent a billion dollars working to make that digital. If you look around, you'll see that across the entire banking system it's still almost entirely not. Even when it is end-to-end electronic, it doesn't at all happen "in the app". The app is a glorified front-office teller and tellers don't charge you a fee. The money movement service happens in the back office, and may have a fee.