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A comment on Stripe – Apple Pay. Parent comment

Re:Stripe – Apple Pay by spydertennis on Monday October 20, 2014 @02:48PM (#8483792)
from the perspective of a retailer, how much does apple take in the apple pay scenario? is it 0.15% + standard credit card fees?
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Re:Stripe – Apple Pay by simonk on Monday October 20, 2014 @05:58PM (#8484773)
Apple worked it out with Visa/Mastercard they they get a cut of the interchange fees, so the retailer pays no extra fees from what they would normally pay.
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Re:Stripe – Apple Pay by matthewarkin on Monday October 20, 2014 @02:52PM (#8483819)
The retailer would only pay the Stripe fee. If I understand correctly, Apple collects some fees from the bank (that they take from the interchange fee)
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Re:Stripe – Apple Pay by cristinacordova on Monday October 20, 2014 @02:58PM (#8483852)
Cristina from Stripe here. The merchant/retailer only pays the Stripe fee (https://stripe.com/pricing) for Apple Pay transactions.
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Re:Stripe – Apple Pay by skilbjo on Monday October 20, 2014 @02:54PM (#8483833)
From the perspective of the retailer, the merchant is charged the standard Stripe fee (2.9% + $0.30).
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