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Apple Faces Fresh UK Pressure to Open iPhone Payments
Original: CPI | Apple Faces Fresh UK Pressure to Open iPhone Payments to Rivals
Apple is under renewed pressure in the United Kingdom to allow rival providers access to the iPhone's contactless payment technology. UK regulators are reportedly pushing to open the iPhone's tap-to-pay functions to competing wallets, a move that could reshape mobile payments in Britain. The issue is part of a wider global scrutiny of Apple's control over NFC payments on its devices.
Why now: Regulators intensifying antitrust scrutiny of Apple's payments dominance have put the issue back in the news.
AppleUK Competition and Markets AuthorityiPhone
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