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« on: September 05, 2014, 09:00:23 pm »

Apple reportedly negotiated transaction fee discounts w/ major banks ahead of mobile payment system

Financial site Bank Innovation reports that Apple has negotiated lower transaction fees with American Express, Bank of America, Capital One, Citigroup, and JP Morgan Chase ahead of the debut of its mobile payment system expected to be announced alongside the new iPhone models next week. The report notes that the banks were likely willing to lower […]<img alt="" border="0" src="http://pixel.wp.com/b.gif?host=9to5mac.com&blog=22754319&post=339239&subd=9to5mac&ref=&feed=1" width="1" height="1" />

Source: Apple reportedly negotiated transaction fee discounts w/ major banks ahead of mobile payment system
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