Apple offers rivals access to tap-and-go payment tech to resolve EU antitrust case

Apple offers rivals access to tap-and-go payment tech to resolve EU antitrust case

2 years ago
Anonymous $6hYC3Wwiad

https://apnews.com/article/apple-mobile-payments-competition-europe-bfd0d85aaf446d6c4648e10942a34b8f

LONDON (AP) — Apple has promised to open up its tap-and-go mobile payment system to rivals, the European Union said Friday, as the U.S. tech company seeks to resolve an antitrust case and avoid a fine that potentially could be worth billions.

Apple proposed letting third-party mobile wallet and payment service providers access the contactless payment function on its iOS operating system, the EU said. The 27-nation bloc now is seeking feedback from “all interested parties" on the changes before making a decision on the case.

Apple offers rivals access to tap-and-go payment tech to resolve EU antitrust case

Jan 19, 2024, 1:48pm UTC
https://apnews.com/article/apple-mobile-payments-competition-europe-bfd0d85aaf446d6c4648e10942a34b8f > LONDON (AP) — Apple has promised to open up its tap-and-go mobile payment system to rivals, the European Union said Friday, as the U.S. tech company seeks to resolve an antitrust case and avoid a fine that potentially could be worth billions. > Apple proposed letting third-party mobile wallet and payment service providers access the contactless payment function on its iOS operating system, the EU said. The 27-nation bloc now is seeking feedback from “all interested parties" on the changes before making a decision on the case.