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FollowingFeisty5321@alien.topB to AppleEnglish · 2 years ago

Venmo, Cash App users sue Apple over peer-to-peer payment fees

www.reuters.com

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Venmo, Cash App users sue Apple over peer-to-peer payment fees

www.reuters.com

FollowingFeisty5321@alien.topB to AppleEnglish · 2 years ago
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Apple Inc has been sued by Venmo and Cash App customers in a proposed class action claiming the iPhone maker abused its market power to curb competition for mobile peer-to-peer payments, causing consumers to pay "rapidly inflating prices."
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  • Pinoybl@alien.topB
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    2 years ago

    lol

  • easternwestern123@alien.topB
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    2 years ago

    A-

  • MysticMaven@alien.topB
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    2 years ago

    Fuck crypto bros!

  • shinra528@alien.topB
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    2 years ago

    Normally, as much as I like Apple products, I see the merits of the lawsuits against them. In this case I feel like most people use Venmo and Zelle over Apple Cash so I don’t get what this lawsuit is over.

  • BradleyEd03@alien.topB
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    2 years ago

    I’m from the UK and the thought of paying money to transfer is absurd to me. All our banks are built on an open API and it takes like a minute to perform an instant transfer between anyone and any bank. There needs to be some kind of standard in the US.

    • ScarilyInordinary@alien.topB
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      2 years ago

      You can thank the EU for that.

      • BradleyEd03@alien.topB
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        2 years ago

        Nope, it was commissioned for UK banks by the CMA, a UK government entity.

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