Many secrets to Apple Pay Cash success, one will be micro transactions for website content using a debit card. e.g.: 5¢ per news story.https://twitter.com/BrianRoemmele/status/927988316590374912 …
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1) "on us" sounds like a considerable amount of internal cost when transaction volume picks up. 2) Thank you! Always providing value and answering. Really rare these days
#qualitycontent -
Julian, Thank you! I really appreciate it.
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Picking up from
@julianmuc’s comment. Does apple need a special protocol / agreement with (say) publishers so that $0.05 transfer is free? -
Benjamin, great question. So once funds are aggregated on to Apple Pay Cash, say $20, the 5¢ transactions are not going to any network but between cards on the same network, thus it is a free “on us” transaction.
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By 2019 Apple Pay Cash will be the dominant way to send cash and pay small merchants on iOS and Android platforms.