on 15-12-2017 12:15 PM
on 15-12-2017 03:10 PM
Hi @DanTaylor, while there is a one off payment for the device, there are no ongoing fees to utelise this service. I understand that you and many others are keen for Apple Pay, however at this stage we don't have any updates on this and I have passed your feedback on.
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on 18-02-2019 11:28 AM
Nothing is free mate. Banks have to pay to use Apple Pay, or did you think Apple offered the service out of the kindness of their corporate capitalist heart?
"Apple requires banks to give it a cut of the interchange fees associated with Apple Pay, but it doesn't allow banks to recoup these costs from their customers. In the US, issuers must pay 0.15 percent of a credit card transaction and 0.5 cents for each debit card transaction, and 7 cents to Visa and 50 cents to MasterCard for each card that is added to an Apple wallet."