Mmastodon BusinessFinance first seen 4 h ago, last 2 h ago, peak #4
Banks and Credit Unions Join Forces Against Apple Pay Fees
Original: Banks and Credit Unions to Team Up Against Apple Pay Fees https://www.macrumors.com/2026/09/25/apple-pay-antitrust-lawsu
Banks and credit unions are reportedly banding together to push back against the fees they say Apple charges through Apple Pay, as an antitrust lawsuit over the practice moves forward. The legal challenge targets the commission structure Apple imposes on card issuers for transactions made with its payment service. The outcome could reshape how banks and mobile wallet providers split revenue on contactless payments in the United States.
Why now: An antitrust lawsuit over Apple Pay fees is advancing, raising fresh questions about Apple's control of mobile payments.
AppleApple Paybankscredit unions
Evidence
- Banks and Credit Unions to Team Up Against Apple Pay Fees https://www.macrumors.com/2026/09/25/apple-pay-antitrust-lawsuit-advances/ # HackerNews # Tech # Finance · hackernews@robot.villas · 3
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