Quote:
Originally Posted by Shane R
Those are still fees paid directly to the issuing banks as the merchants have always done.
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That isn't the point. The point is, if you accept Apple Pay,
you pay more. It
doesn't matter whether you pay more to your own merchant service, to Apple, or to the man in the moon,
you pay more.
Quote:
Originally Posted by Shane R
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If the customer is standing in front of your cash register, and uses a credit card, it is very nearly certain that it is a card
present transaction, which
costs less.
This isn't rocket science. It's really quite simple:
Customer uses credit card: you pay x.x%
Customer uses Apple Pay: You pay more than x.x%.
Is it that hard to understand?