Apple Pay, the payment system that connects people to their bank accounts, charges $25 more per transaction.
Apple Pay’s $25 fee adds up to more than $200 in fees.
Apple Pay also costs Apple $6.70 to use per day, per account.
The fee is only a few cents per transaction, but that adds up.
If you have a few hundred dollars in Apple Pay and you want to pay for something with that money, Apple charges you a $10 fee.
When you use your Apple Pay balance to make a purchase, the merchant has to charge the full $25 in fees to Apple.
Apple also charges merchants a fee to verify the merchant’s identity.
If the merchant is not the correct one, the $25 is deducted from your Apple account.
Apple says this helps prevent fraudulent merchants from using Apple Pay to make fraudulent purchases.
The fees are not as bad as you might think.
In my research, I found that about 60% of the time, Apple Pay charged a $0 fee.
In my testing, this fee was not as big a deal as I thought it would be.
For example, if I purchased a $1,000 iPhone 5C with Apple Pay at Best Buy, I paid $20.00 with Apple.
But, if the merchant charged me the full retail price, I would have to pay $25.00, plus a $2.50 fee to Apple to complete the transaction.
In all, Apple’s fees for Apple Pay were $1.25 to $5.75.
Here’s what I’ve found about Apple Pay fees so far:Apple has a reputation for being fair and transparent.
Apple’s CEO Tim Cook has said Apple Pay has helped “save lives.”
If Apple charges a $15 fee for a $20 transaction, it’s understandable why many people would be suspicious.
But Apple’s own policies state that the fee is a “soft credit card fee” that is not required by law.
Some people, like myself, would be willing to pay Apple a little extra to avoid the fees.
But I do not believe Apple is taking away my right to make payments at all.
I am just concerned that Apple is increasing the cost of transactions for people.
If you want a better Apple experience, read more about how to use Apple Pay.