3 ms·
> because they wanted to promote using Apple Pay This is because Apple (and Google, in the case of Google Pay) take a small small cut for each of those NFC tra
by t3rabytes 3y ago
> because they wanted to promote using Apple Pay
This is because Apple (and Google, in the case of Google Pay) take a small small cut for each of those NFC transactions (somewhere like 15 basis points iirc, charged to the issuing card network).