Mmastodon BusinessStartups first seen 2 d ago, last 2 d ago, peak #3
UK Regulator Proposes Changes to Open Up Apple Pay
Original: UK Proposes New Ways to Help Apple Pay Rivals The UK's competition regulator has proposed changes to make it easier and
The UK's Competition and Markets Authority has proposed changes designed to make it easier and cheaper for companies to offer alternatives to Apple Pay on the iPhone. The regulator argues Apple's fees and restrictions limit competition in mobile payments. The proposals could force Apple to open its tap-to-pay technology to rival wallet providers, following similar scrutiny in the EU and US.
Why now: The CMA's new proposals reignite the debate over Apple's control of mobile payments and could lead to significant changes for iPhone users and fintech firms.
AppleCompetition and Markets AuthorityApple PayUnited Kingdom
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