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foobarbazetc
on March 25, 2019
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Apple announces Apple Card credit card
This really isn’t why. Fraud cost is negligible.
Apple literally gets a cut out of every NFC transaction. So they get to double dip here.
kerbalspacepro
on March 25, 2019
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Why do you think "Fraud cost is negligible"?
kradroy
on March 25, 2019
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The merchants eat it all, basically.
stock_toaster
on March 25, 2019
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Goldman Sachs is taking their cut /for sure/.
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Apple literally gets a cut out of every NFC transaction. So they get to double dip here.