How much profit is Apple making off of Apple Pay?  What is their percentage cut?

How much profit is Apple making off of Apple Pay?  What is their percentage cut per transaction?

.15% from banks not the merchant

Similar Messages

  • How much data does Apple TV use?

    I am experiencing a large amount of data usage and cannot determine what the culprit is.  I am approaching my cap of data allowance on a regular basis.  Does anyone know how much data the Apple TV uses?  I realize it depends on what you are streaming.  I primarily stream Netflix (set on the lowest data rate)
    Thanks

    I found this answer on NetFlix's blog sometime last year:
    In the USA you have 3 video quality options: good quality, better quality, and best quality. Here is how much bandwidth they each use:
    Good quality (up to 0.3 GB per hour)
    Better quality (up to 0.7 GB per hour)
    Best quality (up to 1 GB per hour, or up to 2.3 GB per hour for HD)
    Depending on how many movies you watch this could have a huge impact on your monthly usage...obviously your ISP wants you to watch its own movies.

  • How much space does apple give you for free in the cloud

    how much space does apple give any user in the cloud

    5Gb - http://www.apple.com/icloud/what-is.html

  • How did I know how much money did Apple store charged me?

    How do I know that how much money that Apple store had charged me?
    is there any apple account that I can go look?

    What if just download some son to my I-phone 4s, would that be show up ,too?
    because there is no record for my purchased?? but the Apple did charged my money.

  • I want to pay for a car with apple pay whats the proceedure

    I want to pay for a car with apple pay whats the proceedure

    Is this from an online merchant? If so, be very, very careful. Numerous reports on the forum indicate there is a scam that uses this MO.

  • How do I find out how much my music is making from iTunes?

    One of my band's songs is on iTunes. How do I find out how much I'm making, and where that money is going?

    You may find that it's less expensive to go somewhere (such as ebay) and purchase a replacement rather than going through Apple to get yours repaired or replaced.
    The iPad 1 isn't affected by the Activation Lock issue that many people run into when buying a secondhand device as it cannot run iOS 7.
    It will probably be around $250 to repair/replace the iPad through Apple, and if you're willing to spend that amount, you may as well spend a bit more and get a newer device.
    ~Lyssa

  • How much sales does Apple lose by not allowing upgrade of hardware?

    I wonder if Apple has ever conducted market research to find out how much sales they lose because of the inability to upgrade components with a mac?
    I suspect they haven't done so because they don't wish to find out the answer!
    I imagine they have simply assumed that they don't want to affect the bottom line sales of new macs by allowing users to upgarde their older machines.
    I believe this is a shortsighted view. If for instance users could upgrade components inside the tower, by being allowed to say buy the motherboard on its own. There would be significant numbers of people who would buy the tower (who now don't) that would offset the reduction in sales of new complete systems in the future.
    Wouldn't it be fun to find out?
    Instead of having to spend $3000 to upgrade to the latest and greatest by buying a complete system Apple could offer the motherboard to repace the older one thus saving the consumer a lot of money! Is this not what serving the customer is really about? and part of the reason why they only have 5% market share?

    Since you asked, and I seem to be in a particularily foul mood today, I'll take some of that action.
    I quit the upgrade dance three years ago when I found out I could have a great little Unix workstation that sat on my lap. No longer am I forced to worry what hardware will work with Solaris, or Linux, or FreeBSD. I plunk down my money, and it works. Works so well that all of the machines I've purchased (one per year) are just as relevant as they day I purchased them. Yeah, they don't work so fast as the newest, but so what?
    Dell, HP, Gateway; they do not allow you to purchase motherboards in which to upgrade your computer. Not notebooks (never, ever in fact), and only desktops because their crummy form-factor is pretty much the same as everyone else. But that's been changing too.
    If you have a question about the Macbook Pro, please ask it. Otherwise, thanks for the opportunity to vent on you. It's been a rather sad day for me and I appreciate the chance to take it out on you.

  • How much tax does Apple charge?

    I want to get an iPad 4 black 32gb wifi only and a smart case. The iPad is $599 and the case is $49.99. How much would that be with tax? I live in California if that matters.

    Whatever is the appropriate federal, state, county, city and/or
    other jurisdiction tax for the location where the sale is made.
    Call the Apple store or retailer if you are in doubt.

  • How much does the apple store sell the iPad1st generation? Do they?

    My son wants an iPad, I wanted to know how much the iPad first generation would be, or if they even would sell it. So, how much is the iPad first generation? Or do they even sell it anymore?

    The first generation iPad is no longer sold. With the possible exception of models that may occasionly show up in the refurbished store online.

  • How can set up apple pay on i phone 6

    how can i set up apple pay on i phone 6

    The search can be your friend: Set up and use Apple Pay - Apple Support

  • How much can the 16gb ipad3 and the 32gb ipad hold on their storage (apps songs books, etc)

    I am just wondering which is better value for money, and how much different stuff each size Memory can actually hold...

    a 16 gig iPad usually has 14 and change free after the operating system. the 32 gig has 29 gig and change free.
    as to how much it'll hold, it all depends on your file size. Your average movie can be hundreds of megs to 2-4 gig each....and the file size determines how much your device can hold.
    I would say, since memory  isn't upgradable, buy the biggest you can afford. I have a 16 gig and I get by. I have 2 albums, 4 movies, hundreds of documents and a couple dozen apps and I have 1-2 gig free. On the other hand, i have a 32 gig iPod Touch and it has a lot more music and videos on it and I just recently filled it up to having a couple of gig free.
    If you're going to use your device for documents and surfing, go for th 16. But if you plan on movies and music, go for the 32. better to have to work to fill 32 gig than to have to constantly manage content to make the most of your room.

  • How can I setup Apple pay in my iPad mini ?

    IIs there any any application to setup apple pay .

    You don't need any additional apps, as long as you are in the US with a US iTunes account, and have a supported credit/debit card (and are using a passcode on your iPad), then you should be able to set it up via Settings > Passbook & Apple Pay : Set up and use Apple Pay.

  • How do I use apple pay

    im at the check out and can't pull it up. Where is it?

    This link may help you
    Set up and use Apple Pay - Apple Support

  • HOW CAN I SET APPLE PAY IN MY PHONE

    I CANT ABLE TO FIND APPLE PAY IN MY SETTINGS. I BOUGHT IPHONE IN BAHRAIN .

    Apple Pay is only available in the U.S.

  • How much discount will I get off my next apple purchase from an apple store if I return my old 2nd generation 8gb ipod (few scratches)?

    I have heard that if you return an apple product to the store they will buy it back off you in return of a discounted price off your next apple purchase with the discount depending on the product. I am looking to upgrade my 2nd gen 8gb ipod for a new 5th gen 32gb ipod touch in blue.

    Apple will only give you a 10% recycling discount if you turn in an old iPod when you purchase a new one. Better off selling it yourself.
    Apple - Recycling Program for iPod and Mobile Phones

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