This is because of Apple's significant market share in Israel and its way of keeping users within a closed system | Smaller businesses have been given until the end of July 2021 to make the transition, and Gas stations and businesses that sell primarily online have until the end of July 2022 |
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It's thought that the infrastructure required for Apple Pay has been in place for a while now, with false starts caused by issues in the local economy brought on by the pandemic | Or maybe banks, who, when combined, are far richer than Apple, should create a Joint Venture to build their own smart phone |
Now evolving technologies are changing the ground rules and making it clear that what was - is not what will be.
Under Apple's contract with Israeli banks and credit card companies, Apple will pay a 0 | In any case, it seems that in recent years - and even more so in recent months - banks, credit card companies and other players holding a large and potentially valuable customer base that actually uses their services, are marking this as a strategic area |
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Some features, applications, and services may not be available in all regions or all languages | Banks worry about every percent, so I can see why they don't like Apple taking anything |
It appears multiple banks have signed on with Apple, with the iPhone maker receiving around 0.
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