Google Pay Transaction Fee Is $0.00; For Apple Pay: 0.15%
Google will not charge any transaction fee on Google Pay transactions. The transaction fee, for Apple Pay is 0.15% of the transaction value. Looks like the competition among the payment services is getting higher day by day. Note that Samsung which announced Samsung Pay integrated with the S6 and S6 Edge; won't have any transaction fees either.
Among all, I think Samsung Pay has the biggest advantage among all the services. It's the only one equipped with magnetic secure transmission (MST) technology in addition to the regular NFC based payments. Not all terminals are NFC equipped; but the MST technology will work with any PoS (card swiping) machine.
Which service do you think will be popular globally? Apple's or Samsung's or the Android Pay in general?
THIS:
Among all, I think Samsung Pay has the biggest advantage among all the services. It's the only one equipped with magnetic secure transmission (MST) technology in addition to the regular NFC based payments. Not all terminals are NFC equipped; but the MST technology will work with any PoS (card swiping) machine.
Which service do you think will be popular globally? Apple's or Samsung's or the Android Pay in general?
THIS:
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