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What Apple Pay Could Mean for In-App Purchases

markokarppinen.com

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Re: What Apple Pay Could Mean for In-App Purchases

#41
post #2

He is wrong. In fact Apple charges the banks: http://www.bloomberg.com/news/2014-09-10/apple-said-to-reap-... Which makes sense, when you read the technical details published earlier today here on HN: http://clover-developers.blogspot.de/2014/09/apple-pay.html

> He is wrong. In fact Apple charges the banks

The article you're linking to is not definitive. The source is anonymous and not confirmed:

"Under deals reached with banks individually, Cupertino, California-based Apple will collect a fee for each transaction, said one of the people, who requested anonymity because terms aren’t public."

Re: What Apple Pay Could Mean for In-App Purchases

#42

Earlier quoted context omitted.

The app store has free apps too, it could be said the paid apps are subsidizing the free ones.

Subsidizing the bandwidth costs? Because the free app developers surely don't see any of that 30% cut app charges other apps.

The apps needs to be approved. The majority of cost from running the app store is the people who work there.
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