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

&Tab;&Tab;<div class&equals;"wpcnt">&NewLine;&Tab;&Tab;&Tab;<div class&equals;"wpa">&NewLine;&Tab;&Tab;&Tab;&Tab;<span class&equals;"wpa-about">Advertisements<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<div class&equals;"u top&lowbar;amp">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<amp-ad width&equals;"300" height&equals;"265"&NewLine;&Tab;&Tab; type&equals;"pubmine"&NewLine;&Tab;&Tab; data-siteid&equals;"111265417"&NewLine;&Tab;&Tab; data-section&equals;"2">&NewLine;&Tab;&Tab;<&sol;amp-ad>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;<&sol;div><p>Apple has promised to open up its tap-and-go mobile payment system to rivals&comma; the European Union &lpar;EU&rpar; said&period;<&sol;p>&NewLine;<p>It comes as the US technology company seeks to resolve an antitrust case and avoid a fine that potentially could be worth billions&period;<&sol;p>&NewLine;<p>Apple proposed letting third-party mobile wallet and payment service providers access the contactless payment function on its iOS operating system&comma; the EU said on Friday&period;<&sol;p>&NewLine;<p>The 27-nation bloc is now seeking feedback from &OpenCurlyDoubleQuote;all interested parties” on the changes before making a decision on the case&period;<&sol;p>&NewLine;<p>The European Commission&comma; the bloc’s executive arm and top antitrust enforcer&comma; accused Apple in 2022 of abusing its dominant position by limiting access to its mobile payment technology&period;<&sol;p>&NewLine;<p>Brussels has been using antitrust cases and new digital laws to rein in the power of Apple and other technology giants and protect consumers&period;<&sol;p>&NewLine;<p>The commission alleged that Apple was restricting competition by blocking developers of rival mobile wallet apps from accessing the near-field communication &lpar;NFC&rpar; technology used by its Apple Pay system&period;<&sol;p>&NewLine;<p>That prevents those developers from offering competing services on Apple devices&comma; the EU said&period;<&sol;p>&NewLine;<p>Breaches of EU competition law can draw fines worth up to 10&percnt; of a company’s annual global revenue&comma; which in Apple’s case&comma; could amount to tens of billions of euros&period;<&sol;p>&NewLine;<p>The changes Apple is proposing to ease EU antitrust concerns would last for a decade and apply to rival mobile wallet makers as well as iOS users in the bloc’s 27 countries&comma; plus Iceland&comma; Norway and Liechtenstein&comma; the commission said&period;<&sol;p>&NewLine;<p>Apple said that through &OpenCurlyDoubleQuote;ongoing discussions” with the commission&comma; it offered to provide developers of payment&comma; banking and digital wallet apps with an option for their users to &OpenCurlyDoubleQuote;make NFC contactless payments from within their iOS apps&comma; separate from Apple Pay and Apple Wallet”&period;<&sol;p>&NewLine;&Tab;&Tab;&Tab;<div style&equals;"padding-bottom&colon;15px&semi;" class&equals;"wordads-tag" data-slot-type&equals;"belowpost">&NewLine;&Tab;&Tab;&Tab;&Tab;<div id&equals;"atatags-dynamic-belowpost-68cd31dcaf901">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<script type&equals;"text&sol;javascript">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback &equals; function &lpar;&rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;if &lpar; false &equals;&equals;&equals; &lpar; window&period;isWatlV1 &quest;&quest; false &rpar; &rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&sol;&sol; Use Aditude scripts&period;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;tudeMappings &equals; window&period;tudeMappings &vert;&vert; &lbrack;&rsqb;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;tudeMappings&period;push&lpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;divId&colon; 'atatags-dynamic-belowpost-68cd31dcaf901'&comma;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;format&colon; 'belowpost'&comma;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub; &rpar;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub;&NewLine;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;if &lpar; document&period;readyState &equals;&equals;&equals; 'loading' &rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;document&period;addEventListener&lpar; 'DOMContentLoaded'&comma; window&period;getAdSnippetCallback &rpar;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub; else &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback&lpar;&rpar;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<&sol;script>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>


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