g3.

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g3.
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  • Apple Pay under scrutiny by EU for possible anti-competitive payment practices

    g3.g3.
    anantksundaram said:
    These stupid thumb-twiddlers who can't innovate to save their asses, going after US tech again...

    Payments now. Pathetic. And ridiculous.
    Limiting usage of NFC for 3rd parties is clearly anti-competition behavior. It’s like to say you will use only Safari at your iPhone because of security. It will not go like that forever. It can’t. Apple is just milking NFC payments and keep all generated on iPhone for themselves. 
    More to say, apple pay didn’t improve “payment culture” in Europe much. When US was using swipe and sign, EU was doing chip and pin payments (more secure) and contactless payments were pretty common long before apple pay. In general, acquiring and payment services as such are more developed in EU - that’s for the innovations.
    Main point is that Apple is really limiting developers to make use of NFC and deliver additional services on top of apple pay...
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