3 ms·

> Otherwise, what's the point? Funneling more cash to Apple?

• kondro 12y ago
  And where exactly does Apple make money from their NFC payments?
  • MaysonL 12y ago
    By siphoning a small portion of the swipe fee. (Estimated at 0.15% of transaction value).
    • josephlord 12y ago
      From the bank's cut apparently although I hadn't seen the amount before.