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Apple Pay fees that don't cost the consumer a dime at center of $2 billion lawsuit A consumer advocate in the UK has filed a lawsuit arguing that Apple Pay's take of standard interchange fees that the bank charges harmed 50 million people to the tune of $2 billion. The problem is, there doesn't seem to be any consumer harm.Apple Pay on an iPhone. The new suit alleges that fees Apple charges banks are unfairly passed on to consumers.Apple has been sued before over allegedly profiting unfairly over high fees charged to card issuers. Then card issuers Visa and Mastercard ...
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