@BrianRoemmele do you know any details of iTunes aggregation model? Patents? (& current industry rules to prevent it with 'card present'?)
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Replying to @ItTakesFaith
@ItTakesFaith Michael, the interchange in the early days when we built this was CNP. Later on there was a negotiated rate. That stands today2 replies 0 retweets 2 likes -
Replying to @BrianRoemmele
...also,
#Apple seems to have negotiated some kind of fee share with processors to benefit from added security of#ApplePay@BrianRoemmele1 reply 0 retweets 1 like
Replying to @ItTakesFaith
@ItTakesFaith Micheal, correct. This is outside of iTunes and for #ApplePay the real fraud numbers are the lower then any card payment.
8:23 PM - 6 Mar 2015
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