Apple sends warning to banks with Australian mobile payments decision

by 1:30 AM 0 comments
"It is a tricky issue for a competition regulator to force one competitor to adopt a strategy of the other competitor.
"It will have global implications," Australian Competition and Consumer Commission Chairman (ACCC) Rod Sims told Reuters after the ruling came down.
Apple Inc on Friday won a victory in its global fight to prevent banks from introducing their own mobile payment services on Apple devices, as an Australian regulator barred lenders from bargaining collectively for access.
The decision by Australia`s competition watchdog, the first of its kind, will stop the banks from introducing their own mobile applications on iPhones and Apple Watches that could be used for contactless payments instead of the Apple Wallet.
"(Apple and Android) are very different offerings and they have different implications for ease of use, security and customer experience," Sims said.

Dramelin

Developer

Cras justo odio, dapibus ac facilisis in, egestas eget quam. Curabitur blandit tempus porttitor. Vivamus sagittis lacus vel augue laoreet rutrum faucibus dolor auctor.

0 comments:

Post a Comment