Banks Pressuring Visa to Cut Back on Apple Pay Fees

MacRumors
By Eric SlivkaOct 5, 2021, 1:29 pm378 pts
A number of banks are currently pressuring Visa to make changes to the way it processes some payments made via Apple Pay, moves that would reduce the fees the banks pay to Apple for certain transactions, reports The Wall Street Journal. At the heart of the issue are automatic recurring payments like…

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