Apple's offer to open up tap-and-go tech to be approved by EU next month, sources say [Globe and Mail, The (Toronto, Canada)]
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Source: Globe and Mail, The
Apple's tap-and-go technology called near-field communication, or NFC, allows for contactless payments with mobile wallets. The European Commission two years ago accused Apple of thwarting competition for its Apple Pay mobile wallet by preventing rival mobile wallets app developers from accessing its tap-and-go technology. The U.S. tech giant in January offered to let rivals access its NFC on its iPhones, iPads and other Apple mobile devices free of charge without having to use Apple Pay or Apple Wallet, with access based on fair and non-discriminatory criteria. It also offered to provide additional functionalities including defaulting of preferred payment apps, access to authentication features such as FaceID and a suppression mechanism, and also to set up a dispute settlement mechanism. Apple was asked to tweak some of the terms following feedback from rivals and customers. The NFC proposal would be for 10 years. The Commission aims to accept the offer by the summer, with
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