Quote:
Originally Posted by crane3
The prices go up for everyone to cover the increased transaction costs; there won't be a separate lower price for customers who don't use apple pay; the card companies pay apple the difference & the business keep the "other" differences for a higher profit.
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In theory, yes. In practice, the difference will be too small to notice. We're talking less than 1% difference. To Walmart, with hundreds of millions of transaction, it's a lot of money. To the average consumer, as an individual, it's pennies at a time.
Quote:
Originally Posted by crane3
Those of us without a "smart phone" will pay more for everything because of apple pay or the rivals.
There used to be signs that cash customers get a discount at some business; don't believe that there will be signs that non iphone (smartphone too?) payees will get a discounted price.
The subject heading should be apple sc*r*w the people again.
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Hating on Apple is quite the hobby these days.