Apple cuts a big break with banks for mobile payments

[HCK]

Apple cuts a big break with banks for mobile payments

The five largest banks in the U.S. have reportedly struck a special deal with Apple for its upcoming mobile payment platform. According to Bank Innovation, Apple has managed to negotiate a lower transaction fee with American Express, JP Morgan Chase,<span class="ellipsis">…</span><div class="read-more">Read more ›</div><!-- end of .read-more --><img width='1' height='1' src='http://cultofmac.com.feedsportal.com/c/33797/f/606249/s/3e275e8c/sc/30/mf.gif' border='0'/><br clear='all'/>

<a href="http://da.feedsportal.com/r/204367317139/u/49/f/606249/c/33797/s/3e275e8c/sc/30/rc/1/rc.htm" rel="nofollow"><img src="http://da.feedsportal.com/r/204367317139/u/49/f/606249/c/33797/s/3e275e8c/sc/30/rc/1/rc.img" border="0"/>[/url]
<a href="http://da.feedsportal.com/r/204367317139/u/49/f/606249/c/33797/s/3e275e8c/sc/30/rc/2/rc.htm" rel="nofollow"><img src="http://da.feedsportal.com/r/204367317139/u/49/f/606249/c/33797/s/3e275e8c/sc/30/rc/2/rc.img" border="0"/>[/url]
<a href="http://da.feedsportal.com/r/204367317139/u/49/f/606249/c/33797/s/3e275e8c/sc/30/rc/3/rc.htm" rel="nofollow"><img src="http://da.feedsportal.com/r/204367317139/u/49/f/606249/c/33797/s/3e275e8c/sc/30/rc/3/rc.img" border="0"/>[/url]

<img src="[url]http://da.feedsportal.com/r/204367317139/u/49/f/606249/c/33797/s/3e275e8c/sc/30/a2.img" border="0"/>[/url]<img width="1" height="1" src="http://pi.feedsportal.com/r/204367317139/u/49/f/606249/c/33797/s/3e275e8c/sc/30/a2t.img" border="0"/><img src="http://feeds.feedburner.com/~r/cultofmac/bFow/~4/krcs8BpIjy4" height="1" width="1"/>

Source: Apple cuts a big break with banks for mobile payments