The European Commission has spoken in favour of Apple's proposal to open its phones to contactless payment systems other than Apple Pay.
Apple is opening up its phones to competition. At least when it comes to contactless payment services offered on its iPhones. Brussels on Thursday approved changes proposed by Apple’s trademark to unlock its smartphones Other contactless payment systems From Apple Pay. Something that makes the Competition Commissioner happy: ” Competitors will be able to effectively compete with Apple Pay for mobile payments made using the iPhone in stores. Consumers will thus have a choice of a greater number of secure and innovative digital wallets. »Margrethe Vestager is delighted.
The decision comes amid accusations that Apple has for years been stifling competition, particularly by denying third-party suppliers access to the functionality that allows communication between the iPhone and payment terminals in the store.
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After the Cupertino-based group submitted proposals for the change in January, the commission canvassed interested parties. It has just ruled that the commitment is valid for 10 members of the European Economic Area. The decision marks the end of a row between Apple and the EU that began in 2020 after complaints from several European banks.
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