Apple agrees to allow NFC payments from third party companies in EU

NFC payments - EU and Apple

The iPhone maker has offered to make near field communication transactions available to rivals. Apple and the European Commission have reached the next step in their long-running disagreement over the use of the iPhone maker’s NFC payments services. The American company has now offered to allow rivals to use the tech, possibly ending this dispute. The European Commission has announced that Apple intends to open its NFC payments technology, used for contactless or tap-and-go transactions, to third-party mobile wallet providers. There have been rumors about this move circulating for about…

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