Apple has offered to open up the iPhone near-field communication (NFC) system that Apple Pay uses to other payment services, in a possible effort to...
  • helenslunch@feddit.nlEnglish
    56·
    2 years ago

    The higher rates are passed on to the merchant to eat, just like any other payment processors.

    But the merchant is in charge of what payments are accepted.

    To the consumer, it will be no different. Apple will just be cut out as the useless middleman they are.