.jpg){kind=avatar}
Apple Pay went live in France on Tuesday. The country joins UK and Switzerland as the third European country to offer Apple Pay, and the service is now offered in eight countries. The hold up to launch in the French market appears to be caused by a disagreement with French banks over the transaction fee to be levied.
Apple Pay launched in the U.K. last year, but it was rumored that the holdup to launch in the French market was due to a snag in negotiations with French banks that wanted Apple to take the same fee for the transaction as it agreed to in the Chinese marketplace – which, at .07 percent, is believed to be about half of the share of the payment it typically takes. However, it was not immediately clear on Tuesday what type of deal Apple agreed to with the French banks and merchants.
http://www.pymnts.com/news/payment-methods/2016/apple-pay-launches-in-france/
