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Macintosh News => iPhone/iPod/iPad News => Topic started by: HCK on November 04, 2014, 03:00:32 am



Title: News: Report reveals Apple Pay requirements for card issuers
Post by: HCK on November 04, 2014, 03:00:32 am
News: Report reveals Apple Pay requirements for card issuers

Financial news site Benzinga has provided a summary of a new report from Sanjay Sakhrani of Keefe, Bruyette & Woods that provides some insight into Apple’s contractual relationship with card issuers for Apple Pay. The report naturally provides some details on the percentage that Apple takes from transactions, but also highlights Apple’s requirements for card issuers to participate in Apple Pay. Card issuers must apparently “allow…

Source: News: Report reveals Apple Pay requirements for card issuers (http://www.ilounge.com/index.php/news/comments/report-reveals-apple-pay-requirements-for-card-issuers)