News for hackers. Stuff that matters.

A comment on Tim Cook’s Fortnite trial testimony was unexpectedly revealing. Parent comment

Re:Tim Cook’s Fortnite trial testimony was unexpectedly reve... by lotsofpulp on Sunday May 23, 2021 @07:52AM (#27254370)
https://support.apple.com/en-us/HT204274

>Are there additional fees to accept Apple Pay?

>No. Apple doesn't charge any additional fees.

[ Parent | on HN ]
Re:Tim Cook’s Fortnite trial testimony was unexpectedly reve... by maxsilver on Sunday May 23, 2021 @10:48AM (#27255346)
> Apple doesn't charge any additional fees.

They do charge additional fees, just not to customers. Those fees get tacked onto the bank/merchant in the transaction. Apple charges between 0.15% to 0.30% of total transaction, according to Financial Times.

https://www.macrumors.com/2014/09/12/more-apple-pay-details/

[ Parent | on HN ]
Re:Tim Cook’s Fortnite trial testimony was unexpectedly reve... by lmz on Sunday May 23, 2021 @08:59AM (#27254707)
No additional fees is not incompatible with getting a cut. e.g. they could take some of the card issuer's portion.
[ Parent | on HN ]