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Comment by shajznnckfke | Hacker News Reader

> and I'd actually be happier if Apple took over more of my relationships.

I’m really curious what you mean by this. Which additional transactions do you wish Apple would take a 30% cut on? You DoorDash orders, your rent, your salary?

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> Which additional transactions do you wish Apple would take a 30% cut on?

That's not what they said. Apple already handles payment processing via Apple Pay for real world goods (Amazon, Food delivery, Wish), and does not take a cut of the transaction. Some people see Apple controlling payments for many companies as monopolistic and overreaching, but some (like the parent poster and myself to a degree) see it as a safer alternative to having trust dozens of different companies.

Apple takes 0.15% of every transaction that used Apple Pay, though- https://www.macrumors.com/2014/09/12/more-apple-pay-details/

They haven’t developed it to not make money off of it.

Doesn't every single payment provider do this though?

Mastercard, Visa etc all take a fee for transactions.

There are serious costs involved in running an international payments system.

But that's very different from a proper 30% style cut.

Apple pay uses the Visa and Mastercard network though. It's on top of the V/MC cut. Apple only adds that you can use your card on the phone. You end up using your credit card anyways.

Exactly.

Apple has none of the risk and somehow thinks it is appropriate to charge per transaction AND customer. Yes, they charge the companies who wish to integrate with apple pay a quarterly fee per card.

Apple customers are footing this bill, of course, as vendors and banks aren't just going to lose money. Apple is way out of line, and apple customers would benefit from informing themselves.

They've made about $500 mil off of it in 2018 - https://9to5mac.com/2020/02/12/apple-pay-revenue/

Heading to a billion and beyond in the next couple of years.

Then can't they handle Epic's payments that way instead of - presumably - taking a 30% cut?

Isn't the situation similar with Amazon? And how much higher are the prices for the consumers, in return for the Amazon experience? What is the Amazon tax to the consumer?

I believe Amazon’s cut is 15% and eBay’s is 10%.

If it meant my work processes were as streamlined and organized as Apple's operating standard? Political antics gone? Safety and security with no negotiation?

Tempting...

(Just experimenting with the idea, not that I actually agree with this line of thought.)

If what I hear from people who work for Apple is true, I wouldn’t be so optimistic.

Hah, touché. I meant more mac/iOS UX, less Apple employee experience.

Would you be willing to pay a 30% "Apple" fee on all transactions because what Apple is doing prevents companies from passing on saving to consumers.

Companies pay 30% of an employee's salary to strealine their hiring efforts - doesn't seem far fetch to me to expand that payment pattern to a consumer level where one is paying 30% on transactions and in return receiving a streamlined process for discovering, managing and reversing them through a centralized gateway.

Again, not that I agree with this...just playing devil's advocate here.

I don't want to pay 30% on any transactions!

So Apple, who illegally colluded with other tech companies to keep engineering salaries down, should be put in control of hiring processes?

There isn't a lol big enough

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