Expired50% confidenceEventExact time
Banks and credit unions in the United States are considering joint action to collectively address the transaction fees that Apple Pay charges to card-issuing institutions.
1
Sources
50%
Confidence
Short-term (~14 days)
Relevance
9/26/2026
First Seen
This claim has expired. It is kept for the record and no longer describes the current state.
Valid until: 10/10/2026(expired)
Sources
Related Entities
Related Claims
UnverifiedThe Credit Union National Association (CUNA) has on multiple occasions expressed concerns to regulators about Apple Pay's revenue share.73% similarUnverifiedApple Pay does not bear credit risk or directly handle clearing, but Apple charges transaction fees to card-issuing banks.66% similarUnverifiedApple's US official website supports purchasing gift cards directly with UnionPay cards, because Apple and UnionPay have signed a global acquiring agreement.65% similarUnverifiedThird-party top-up platforms typically purchase overseas Apple gift cards in bulk, or complete IAP charges through shared Apple IDs, and then resell them at prices lower than the official pricing.61% similarUnverifiedApple introduced an alternative app marketplace mechanism in iOS 17.4, requiring third-party store operators to provide a credit guarantee of €1 million, with developers required to pay a Core Technology Fee of €0.50 per install after exceeding 1 million downloads.61% similar
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