Comment by Gabrys1

8 hours ago

Visa/Mastercard take like 1 or 2%. That's why they cannot compare to Apple...

If they tried to take significantly more, cash would be a lot more popular.

Yet Apple can get away with taking 30% and companies still accept this and push their apps rather than websites.

  • > Yet Apple can get away with taking 30% and companies still accept this and push their apps rather than websites.

    companies and users!

Visa/MasterCard take like 0.3% the rest of the interchange fee goes to the issuing and acquiring banks.