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Apple Pay Is Looking to Make a Profit of 1.6 billion USD in 2017

2014-11-25

According to analysts, every time a customer buys something with Apple Pay, Apple charges the bank with a 0.15% transaction fee. The percentage might seem small, but in the long run, the whole number might amount to 1.6 billion USD. Perhaps more importantly, only the latest IPhone 6 can use Apple Pay.

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