Apple offers its rival payment apps access to contactless te

Apple offers its rival payment apps access to contactless technology in EU

Apple has agreed to open up its Near-Field Communication (NFC) technology to third-party mobile wallet providers, ending the exclusivity of Apple Pay and Apple Wallet. This move is aimed at resolving its antitrust case with the European Commission and avoiding a potential fine. The Commission is currently seeking feedback on these commitments, which would resolve this four-year-old investigation.

Related Keywords

, European Commission , Near Field Communication , Apple Pay , European Economic Area , Apple Wallet , Wall Street , Card Emulation , Third Party Mobile Wallet Providers , Nfc Technology , Ios , Eu , Antitrust Case ,

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