With Apple Pay en route, an assortment of banks are scrambling to be the consumers’ choice as to the default Apple Pay card. “It’s a healthy competition,” JPMorgan Chase marketing chief Kristin Lemkau told the Financial Times. JPMorgan Chase launched Apple Pay-centered marketing campaigns on the same day as the service’s unveiling, and similar campaigns […]
Tag: Apple Pay
Apple’s apparently got some admirable leverage where its transaction negotiations are concerned. Per the mighty Financial Times, Apple will be garnering 15 cents on every US$100 purchase, more than Google managed for its Google Wallet initiative. Sources familiar with Apple’s banking and credit card arrangements have stated that Apple will get a 0.15 percent cut […]