The application is calling for the European Union’s (EU) antitrust regulators to take action. Norwegian mobile payment app company Vipps has called for European Union (EU) antitrust regulators to require Apple to permit access to its tap-and-go functionality without any restrictions, said Rune Gaborg, the company’s CEO. The goal is to make it possible for other companies to be more competitive in the digital transaction space. Gaborg made his comments seeking action from the EU’s antitrust regulators against the iPhone maker the day after Apple made its latest effort to…
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Mobile payment apps preferred over cash for Nordic face-to-face purchases
Consumers in Nordic countries now prefer using their phones to pay even when in-person. Mobile payment apps have now risen to the second highest spot in terms of preferred transaction methods in Nordic countries. One in 10 consumers there prefers to use their phones when paying for in-person purchases. The percentage of people who prefer to use mobile payment apps is about twice as large as that of people whose top preference is for using cash (5 percent) when shopping in person. This makes the applications the second most popular…
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