Surprising: "Is Apple Pay putting downward pressure on payment transaction fees for traditional credit card issuers?" http://qr.ae/Bjmjt
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Replying to @BrianRoemmele
@BrianRoemmele There is some hope for that but I'm not seeing/hearing it yet. Makes total sense on CNP though.1 reply 0 retweets 1 like -
Replying to @jameswester
@jameswester James, fully agree. I think it will come about with a biometric/tokenized based interchange rate. At some point CNP is removed.1 reply 0 retweets 0 likes -
Replying to @BrianRoemmele
@BrianRoemmele@jameswester Time for PP Person Present fee schedule! CP vs CNP is starting to feel very dated even in these early days2 replies 0 retweets 2 likes
Replying to @digitalretail
@digitalretail @jameswester Wendy, precisely! With encryption, tokenization and biometrics, the open standards of Apple Pay there is no dif.
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