Apple (AAPL) to Get 0.15% Cut From Each ‘Apple Pay’ Transaction

According to a Financial Times report, Apple is set to receive a 0.15% cut from each transaction executed on its new Apple Pay system. This equates to 15 cents in every $100 purchase. The report states [via macworld] that this is an “unprecedented deal, giving Apple a share of the payments’ economics that rivals such […] View the full post at: Apple (AAPL) to Get 0.15% Cut From Each ‘Apple Pay’ Transaction Related posts: Apple Q3 Profits Up 15% on Improved Sales Apple iPad Sales Hit 1 Million Just 28 Days After its Introduction iPhone Going to Russia