@Stefan-Olive-Hummingbird#245391 It used to be a thing but apparently was removed because it had elevated fraud rates. Maybe they will re-introduce it at some point.

See also: https://together.bunq.com/d/25824

@Stefan-Olive-Hummingbird#245391 Hi 👋 there,
I am not sure I understand how you can top up using Apple Pay or Google Pay.
Those features offer right now outgoing payments to terminal only.
I know Apple Pay is testing payment using your iPhone or iPad as an NFC terminal.. but that right now is only in the US.

Sounds like an intriguing feature. Why don’t you post a detailed idea 💡 to the community and let everyone read and vote for it.

Have a gear day 🌈
GG

@Stefan-Olive-Hummingbird#245399 The issue is explained in there: when you pay via Apple Pay, there are slightly different rules applied at the card network level when it comes to customer authentication and how refunds can be processed.

Revolut probably does not do any better, they just have massive VC money that can be thrown at problems like this to keep everyone happy. And bunq has always been about a more sustainable approach to pricing and feature-availability.

But if you have another theory why they removed a feature that was already working just fine, feel free to go with that. I don‘t see a specific reason to doubt them here.

@Stefan-Olive-Hummingbird#245399 Deine genannten Millionen nutzen wenn Apple Pay zum bezahlen und nicht um ihr Konto auf zu laden. Kaum jemand bietet mehr die Aufladung via Apple Pay an.

@Gianguig#245401 Apple and Google Pay also offer in-app and online payments, not just at the POS. Try it out at some point, I use it all the time and it‘s very convenient 👍

@Stefan-Olive-Hummingbird#245403 Cool 😎,
I see it now on Revolut faq:

https://www.revolut.com/en-NL/help/adding-money/with-card/with-apple-pay-or-google-pay

Basically is like topping up your account using a card in your Apple Pay wallet … I guess the card is from another bank.. always on your name…. not sure I would use it… but could be a great 👍 option.

Thank you 🙏
GG

@Stefan-Olive-Hummingbird#245403 For the payment processor, fees do generally not differ when accepting Apple/Google Pay vs. regular card payments via manual input of card details. The Apple/Google fee is taken out of the interchange fee received by the card holder‘s bank.

@Stefan-Olive-Hummingbird#245412 Exactly. The margin of the bank is smaller, that’s why German Genossenschaftsbanken like Sparkasse and Volksbank trie to push the Girocard and things like „Kwitt“. They don’t want to share the margin with Apple or Google for obvious reasons.

@Stefan-Olive-Hummingbird#245412 Every bank has probably a slightly different contract with Apple/Google, but for credit cards in the US it should be around 0.1% of the payment amount. https://www.macrumors.com/2021/10/05/visa-apple-pay-fees/ It‘s probably a lot lower for European banks as the interchange fee (which the bank also only gets a part of) itself is capped at 0.3% through legislation.

In any case this is an amount of money that the card holder‘s bank pays to Apple/Google after the fact out of their cut, and doesn‘t get deducted at point of payment. Therefore it cannot have any influence over the rates that payment processors are getting from merchants, plus it‘s probably only a small fraction of 0.1% and therefore wouldn‘t have that potential in the first place.