iPhone users in Europe to access Samsung Wallet as Apple lets rivals use tap-and-go payments

Margrethe Vestager, executive vice-president of the European Commission in charge of the initiative 'A Europe Fit For the Digital Age' and Commissioner for Competition, attends a press conference on the Apple Pay antitrust competition case at the EU Commission in Brussels, Belgium, Thursday. EPA-Yonhap

Apple has decided to open its tap-and-go mobile payments system to rivals in Europe, which will give iPhone users more choices beyond Apple Pay, such as Samsung Wallet and Google Pay, according to EU antitrust regulator, Thursday (local time).

The European Commission said that it accepted Apple’s offer to open its tap-and-go technology, called near-field communication, or 카지노 NFC, to rivals to end its antitrust investigation against Apple. The probe began in 2020 and could have resulted in a heavy fine.

NFC allows users to use contactless payments with mobile wallets.

The commission said the offer made by the U.S. tech giant would be valid for 10 years.

“From now on, Apple can no longer use its control over the iPhone ecosystem to keep other mobile wallets out of the market,” EU antitrust body chief Margrethe Vestager said.

Leave a Reply

Your email address will not be published. Required fields are marked *