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On these sort of small transactions just the CC fees are gonna be eating 10-15%



That is just wrong. You can get CC agreements with only a percentage fee without any fixed fee per transaction if you need it and have the scale. And at Apple scale they are most likely under 1%.


Credit card fees are usually around 6% if you take everything into account and Apple likely managed to negotiate a discount. That still leaves 24% for Apple.


Every CC over ever seen is a fixed cost + percent. The fixed cost is on the magnitude of 10 cents… that’s a lot when you’re only getting $0.99


How would you know when competition for payment fees is forbidden and you're not allowed to negotiate with competing payment platforms to lower cuts?




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