iPhone Tap to Pay is now more widely available
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- Sugu
- vGN
- 31 Oct 2024
When's it coming to India? Been waiting for years now
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- Anonymous
- AVw
- 29 Oct 2024
Not Again, 29 Oct 2024I don't know the rate but instead of 100% going to the... moreWierd, a friend of mine works for a bank (the netherlands, europe) and the only one paying transaction cost for apple pay or google pay (samsung pay is not supported here) is the bank itself, they provide it as a service for the customer because the percentage both google and apple ask are pretty low
Now that is not thw case with credicards (merchants pays) and maestro/vpay (much lower rate for the merchant to pay).
However maestro and vpay are getting phased out here, mastercard debit and visa debit is going to replace them, and those charges are lower than the creditcard ones, but still higher than maestro and vpay were.
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- Anonymous
- JH2
- 29 Oct 2024
A mobile terminal. Perfect for illegal business. Why the hell would someone use their phone to accept payments?
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- Not Again
- miA
- 29 Oct 2024
FarFan, 29 Oct 2024Is there a 30% commission too?I don't know the rate but instead of 100% going to the Credit / Debit Card (bank) provider Apple take a cut of the fee charged to the Merchant
If say you have a Visa Card and a friend has the same Visa card but linked via Apple pay Tap to pay. The same total charges apply to the merchant except the non Apple pay Visa receives the TOTAL amount, Apple a cut
The reason why small traders do not like them is cost small value item still carries a cost
Regulation mean that no extra charges can be applied to merchants who accept it https://www.gsmarena.com/apple_pay_is_going_to_compete_headon_with_samsung_pay_in_south_korea-news-57488.php
On iPhones NFC only function is for contactless ker ching
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- telestarcomgsm
- Iby
- 29 Oct 2024
Lister, 29 Oct 2024Tell me that you didn't read the article without telli... moreI think their point was that it would still be available in Europe just like iMessage is for iPhone users there but it would not really pick up popular usage outside of North America - nvm, just read their comment again and they only thought it was USA only
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- Anonymous
- Fek
- 29 Oct 2024
FarFan, 29 Oct 2024Is there a 30% commission too?No, it is the exact same transaction fee regular terminals have.
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- Anonymous
- Tsr
- 29 Oct 2024
poopmaker699, 29 Oct 2024Does it work with regular plastic cards like Visa and Maste... moreYes it does, a while ago I was at a place where most sellers use portable terminals, and one of them had their iPhone as one.
All types of NFC payments work, so physical cards and smartphones.
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- Lister
- n1b
- 29 Oct 2024
ghoztwalkaz, 29 Oct 2024Only in America 😅 could be wrong too, who cares lolTell me that you didn't read the article without telling me you didn't read the article lol
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- poopmaker699
- p4M
- 29 Oct 2024
Does it work with regular plastic cards like Visa and MasterCard? ¯\_( ͡° ͜ʖ ͡°)_/¯