Re:Court issues permanent injunction in Epic vs. Apple case
by djrogers on Friday September 10, 2021 @02:28PM
(#28485399)
> Payment processors and their networks are infinitely more complex and resource intensive than a mobile app distribution store
First of all - citation? Have you run a mutli-billion$$ App Store with hundreds of millions of individual customers, and the associated support channels etc?
Secondly, Apple is also providing those 'infinitely more complex' payment processing services on top of the App Store, so even if true, your argument is kinda moot.
Re:Court issues permanent injunction in Epic vs. Apple case
by shagie on Friday September 10, 2021 @03:05PM
(#28485768)
The merchant fees for PayPal can be found at https://www.paypal.com/us/webapps/mpp/merchant-fees - which includes micro transactions.
For a US company and a US customer, that's 4.99% + $0.09 for each transaction. For a $0.99 transaction, that's 15% of the total.
Re:Court issues permanent injunction in Epic vs. Apple case
by bjohnson225 on Friday September 10, 2021 @05:22PM
(#28487036)
Stripe is 2.9% + $0.30 in the US, 1.4% in Europe. Large merchants will also get a much more favourable deal than those prices.
Payment processors and their networks are infinitely more complex and resource intensive than a mobile app distribution store, and their commissions tend to only be between 1% and 3% per transaction.