Walmart vs. Visa ? With Apple Pay caught in the middle

iMore.com

Administrator
Nov 15, 2013
66,635
51
0
Visit site
apple_pay_card_detail_view_iphone_6_hero.jpg

Credit card transaction rates are still a contentious point with merchants and retailers and newer digital wallets like Apple Pay and the forthcoming CurrentC developed by the consortium known as MCX, which counts Rite Aid, CVS, and Walmart among its members, are caught in the middle. The issue brought up at the recent Money 2020 conference is how systems like Apple Pay handle card transaction rates between in-store and in-app purchases, and it was an issue raised by Walmart executive Mike Cook during a Q&A session.

Full story from the iMore Blog...
 

Trending Posts

Members online

Forum statistics

Threads
261,526
Messages
1,771,146
Members
441,318
Latest member
areyes1631