Banks and Credit Unions to Team Up Against Apple Pay Fees

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It will include any U. S. entities that issued any payment card enabled for Apple Pay and paid Apple a fee for ‌Apple Pay‌ transactions on that payment card. If you make a $1,000 purchase via ‌Apple Pay‌, Apple collects $1. 50 from the card issuer. The complaint alleges that Apple forces card issuers to pay fees by making ‌Apple Pay‌ the only tap-to-pay option.

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