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Venmo, Cash App users sue Apple over peer-to-peer payment fees (www.reuters.com)

submitted 10 months ago by FollowingFeisty5321@alien.top to c/apple@hardware.watch

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[–] shinra528@alien.top 1 points 10 months 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.

[–] Pinoybl@alien.top 1 points 10 months ago

lol

[–] MysticMaven@alien.top 1 points 10 months ago

Fuck crypto bros!

[–] easternwestern123@alien.top 1 points 10 months ago

A-

[–] BradleyEd03@alien.top 1 points 10 months ago (1 children)

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.top 1 points 10 months ago (1 children)

You can thank the EU for that.

[–] BradleyEd03@alien.top 1 points 10 months ago

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