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I don't pay anything extra for using Apple Pay, as a customer, how could it be cheaper?
by icehawk 3y ago
I don't pay anything extra for using Apple Pay, as a customer, how could it be cheaper?
- toast0 3y agoIf Apple is getting 0.15% as stated in a sibling, it's coming from somewhere. Maybe it's added on top of the fees the merchant pays, and like other payment fees gets kind of mixed into the price of everything you buy. Maybe it comes out of the fees your bank gets on purchases, which will reduce their income and then they'll need to increase fees, reduce benefits for depositors, or reduce dividends to investors.