UK watchdog seeks wider access to iPhone contactless tech
In short
A UK watchdog wants more companies to get cheaper access to iPhone contactless payment technology. The aim is to give digital wallet providers more competition.
This matters for Apple and payment apps that want better access to the iPhone. The available reporting does not say whether the change will happen or when.
What the reporting says
A UK watchdog is pushing for wider, cheaper access to iPhone contactless payment technology to increase competition among digital wallet providers. The proposal targets Apple’s system and could affect how other payment services access the iPhone. The reporting does not state the watchdog’s final decision, the timing of any rule change or Apple’s response.
Why it matters
A UK watchdog is reported to be proposing wider, cheaper access to iPhone contactless technology in order to boost competition among digital wallet providers. The move could alter Apple’s control over iPhone payment features and affect rival wallet services, but the reporting does not give the regulator’s final ruling, timing or any response from Apple.