Home Apple Pay Details: Apple Gets .0015% Cut of Purchases, Higher Rates for Bluetooth Payments
 

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Apple Pay Details: Apple Gets .0015% Cut of Purchases, Higher Rates for Bluetooth Payments

2014-09-13 14:06:38| Wireless - Topix.net

Apple's ambitious new mobile payment initiative, Apple Pay, was announced on Tuesday during the company's iPhone event. Many questions still linger about the service, but information is beginning to trickle out from various sources as retailers, banks, and credit card companies prepare for the service's October launch.

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