Saturday, September 13, 2014

Details on Apple Pay revealed: 'safer' system, Apple gets 0.15 percent

Details on Apple Pay revealed: 'safer' system, Apple gets 0.15 percent - Some of the details of Apple's new mobile payment system, Apple Pay, have been revealed in a report by Britain's The Financial Times. As briefly alluded to by CEO Tim Cook, Apple does get a small commission on sales made using Apple Pay, to the tune of 0.15 percent (15 cents on every $100 spent), though this does not affect the purchase price ...

(Via MacNN | The Macintosh News Network.)

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