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For in-app purchases Apple collects their 30%, for Apple Pay substantially less. That’s what this comes down to. In think it more or less comes down to this: I
by arrrg 12y ago
For in-app purchases Apple collects their 30%, for Apple Pay substantially less. That’s what this comes down to.
In think it more or less comes down to this: If you buy something you (potentially) use inside the app (an ebook, access to some server-side service you can use with the app, …) it’s an in-app purchase. If what you buy is something you use outside the app (a taxi, a pizza, all physical goods, …) you can use Apple Pay.
This differentiation has always existed. Until now Apple just didn’t offer any help with payment with the second category and you had to do it all on your own.
- spydertennis 12y agofrom the perspective of a retailer, how much does apple take in the apple pay scenario? is it 0.15% + standard credit card fees?
- matthewarkin 12y agoThe retailer would only pay the Stripe fee. If I understand correctly, Apple collects some fees from the bank (that they take from the interchange fee)
- cristinacordova 12y agoCristina from Stripe here. The merchant/retailer only pays the Stripe fee (https://stripe.com/pricing https://stripe.com/pricing) for Apple Pay transactions.
- skilbjo 12y agoFrom the perspective of the retailer, the merchant is charged the standard Stripe fee (2.9% + $0.30).
- simonk 12y agoApple worked it out with Visa/Mastercard they they get a cut of the interchange fees, so the retailer pays no extra fees from what they would normally pay.