Enlarge (credit: Maskot | Maskot) In two weeks, iPhone users in the European Union will be able to use any mobile wallet they like to complete "tap and go" payments with the ease of using Apple Pay. The change comes as part of a settlement with the European Commission (EC), which investigated Apple for potentially shutting out rivals by denying access to the "Near Field Communication" (NFC) technology on its devices that enables the "tap and go" feature.

BING NEWS:
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    Apple is moving to make the iPhone's NFC open to third parties after the EU investigates it for anticompetitive practices.
    07/16/2024 - 5:28 am | View Link
  • Apple Settles App Store Payments Probe With EU To Avoid Fine
    Apple (AAPL) has settled its "tap and go" payments probe with the European Commission (EC), the European Union (EU)'s enforcement arm, opening its mobile wallet to rivals for free in a bid to ...
    07/11/2024 - 1:54 am | View Link
  • iPhone users in Europe will no longer have to use Apple Pay for mobile payments
    The European Commission, the EU’s executive arm, announced this and other changes to Apple’s business practices Thursday, saying they would open up competition in mobile payments on iPhones.
    07/11/2024 - 12:57 am | View Link
  • Apple, EU Settle Long-Running Mobile Payments Probe
    The European Union said that Apple’s decision to let third-party mobile wallet and payment services use the technology behind its Apple Pay app fully addressed its antitrust concerns, ending a ...
    07/11/2024 - 12:14 am | View Link
  • EU antitrust regulators accept Apple's offer to open up mobile payments system
    EU antitrust regulators on Thursday accepted Apple's offer to open its tap-and-go mobile payments system to rivals to settle a four-year long investigation that could have resulted in a hefty fine for ...
    07/10/2024 - 10:12 pm | View Link
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