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Banks and Credit Unions Team Up Against Apple Pay Fees

Original: Banks and Credit Unions to Team Up Against Apple Pay Fees https:// news.ycombinator.com/item?id=4 9857651 # hackernews #

Banks and credit unions are reportedly joining forces to push back against the fees Apple charges for its Apple Pay service. The move signals growing resistance among financial institutions to the cut Apple takes on card transactions. The story is drawing attention and debate among technology and finance commentators.

Why now: Ongoing friction between banks and Apple over payment fees is a contentious industry topic.

AppleApple Paybankscredit unions

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Evidence

• Banks and Credit Unions to Team Up Against Apple Pay Fees https:// news.ycombinator.com/item?id=4 9857651 # hackernews # tech · hackersnews@mastodon.cesium.pw · 2

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