Friday, December 8, 2023

Whats Beyond Apple Pay

By DAC000 , in Apple Paytech , at April 4, 2022 Tags: ,

is increasingly clear as the iPhone manufacturer outlines development plans. About a two minute read.

Comment: reading this two points leapt out at me: first, Apple’s gross margins on services as 72% and second, Apple plans to cut loose from existing Fintech partners. I’ve been a user of Apple products since the late 1980s, so I’m not surprised they’re planning to bring services provided by Fintech in-house — they’ve done this many times in the past. Nothing wrong with it, just the way they run their business.