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I'm very curious about the business side of ApplePay. Is Apple going to get some (miniscule) cut of every transaction performed? I.e. is this a new revenue stre
by thinkling 12y ago
I'm very curious about the business side of ApplePay. Is Apple going to get some (miniscule) cut of every transaction performed? I.e. is this a new revenue stream for Apple?
- kunaalarya 12y agothey said in their faq that they won't be taking a cut. Either this is purely for improving the ecosystem, or they're getting a cut from banks for cutting down fraud.
- iknowthissuff2 12y agoThe latter is most likely