Tech
Apple will let rivals use tap-to-pay feature to avoid EU antitrust fines
The US tech giant has pitched a 10-year offer to give other ‘mobile wallet’ providers access to its closely guarded payments chip
Apple has vowed to open up its coveted tap-to-pay technology on iPhones to its rivals in a bid to sidestep potentially massive European Union antitrust fines.
The European Commission announced on Friday that the US tech giant has pitched a 10-year offer to give other “mobile wallet” providers access to its closely guarded payments chip on Apple devices.
This followed EU warnings that restricting access to the technology amounted to an abuse of its market ...