How do you know that Apple receives a fee for the transaction? I'd be curious to... | Hacker News

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		thinkling on Sept 10, 2014 \| parent \| context \| favorite \| on: Stripe and Apple Pay How do you know that Apple receives a fee for the transaction? I'd be curious to see a source.

induscreep on Sept 10, 2014 [–]

Yup exactly. What is the incentive here for the banks to allow Apple to tokenize CC numbers, AND pay Apple for it? Some kind of risk/liability reduction?

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