.jpg){kind=avatar}
Antitrust investigators are concerned that Apple is preventing competitors from accessing “tap and go” chips or near-field communication (NFC) to benefit its own Apple Pay system, the European Commission said in a statement this week.
The findings of the investigation added: “Apple Pay is the only mobile wallet solution that may access the necessary NFC input on iOS. Apple does not make it available to third-party app developers of mobile wallets. The NFC ‘tap and go’ technology is embedded on Apple mobile devices for payments in stores.”
https://www.ft.com/content/de7a0c50-e087-4db3-9cb3-ed1d3c1a4b8b
More posts by Sarah Wolter
Recent posts from News by FinTech Collective