Banks Trying to Muscle Apple out of Revenue from Mobile Payments, No fees for Android Pay
With changes in the fee structures banks have set up for tokenized services, banks have made those transactions — which are the security backbone of Apple Pay and Android Pay — free. For Google, this means that unlike Apple, it won’t be making any money from its users paying with a cell phone instead of plastic. In the case of Apple, they’ll continue to collect … Continue reading Banks Trying to Muscle Apple out of Revenue from Mobile Payments, No fees for Android Pay
