Retailers don’t like paying the fees for your Apple Card — Bloomberg — “The card, marketed by Apple and backed by Goldman Sachs Group Inc, is designated ‘elite’, which allows it to levy significantly higher interchange fees on each swipe or tap… The cards have long irked retailers. They have no choice but to pay the higher fees for elite plastic if they want to accept any of a network’s credit cards.”
- Crédit Agricole du Languedoc pilots Dejamobile software POS solution
- Amazon opens its first cashierless store outside US in London
- UK to more than double contactless spending limit to £100
- Fidesmo Pay expands to Switzerland
- Mobile wallet transaction volumes overtake cash payments in stores