Originally Posted By: hybrid8
This move is great for end-users/customers because it means they don't have to give out financial information to anyone other than Apple and it also creates a very simple mechanism for the purchase/subscription/billing. Just a click or two within the app and you're done. You get billed on your next iTunes invoice.

Depending on how exactly the UI is for this data transfer agreement, I'd expect the majority of people not to agree. I know I wouldn't unless I had a good reason to.

Publishers and developers are losing valuable information though which must really hurt.