Quote:
Originally Posted by thevillager1988
I appreciate your reply. Was aware of the transaction value to card issuers. But since Apple Pay is tied to a an issued credit card, didn't realize Apple gets some of the fee too. This was very helpful.
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Actually Apple Pay is tied to any credit or debt card you choose to use. Apple Pay is just the Apple secure method of making purchases. I typically have 4 or 5 CC's added to Apple Pay and use different CCs for different types of purchases.
I do use Apples CC exclusively online.
It is the most secure I have found. A recent feature they have added to Apple Pay is if you and you wife (and/or kids) use Apple iPhones, you can share a CC with them. So, rather than each having their own cards you can have one. The provides usage security, and can help with rebuilding one of their credit ratings. On the other hand, they might not like others knowing what they are buying - LOL.
Apple has become security obsessed in recent years, and when you upgrade to the "coming soon" iOS you will probably be annoyed at first because there is so much security. But, it does help with spam, identity theft, etc.
I am an Independent Apple Developer, and I have been since 1985 when I got my first Mac.
I am running the beta's of all their software an there are some really nice features coming soon.