Re:Steve Jobs: Let's force Amazon to use our payment system ...
by dkonofalski on Wednesday September 15, 2021 @09:10PM
(#28546671)
It's far from the 30% because there's nothing else for them to do other than keep that clear trail and it applies to every usage. Companies like Apple that charge 30% charge that because they host the files, the updates, the payment systems, and review systems. Credit card companies don't do those things.
Obviously, one would cry out how cash has no baked-in transaction fee, but cash is definitely not free. While a credit card payment will transfer cleanly into a bank account with a clear trail, cash must be handled, stored, counted, kept safe, transferred and so on. All that time counting change at the counter isn't free either.