Virtual wallets vs. Apple!

PayPal and Venmo Top of the list of suppliers in the European Union’s official accusation against Apple Blocking third-party access to NFC payment technology on iPhone. The complaint estimates that Apple could be accused of violating European Union laws For preventing them from accessing mobile payment systems on iPhone.

Both providers are emerging in a lawsuit that, if successful, will face heavy fines for the firm, along with the main banks that do not have access to Apple’s mobile wallet system.

The balance of the accuser

The ground seems fertile in favor of those affected, because EU disapproves of restrictions imposed by California firm To third-party app developers to access NFC technology on iPhone,

The Financial Times reported that by blocking access to the NFC chip, “other services Like PayPal, Venmo, banks and other financial providers, they cannot provide a similar experience To Apple Pay for iPhone users”

This means an online bank cannot program their App to use the chip so users can pay with PayPal balances at any meter, i.e., A dominant position in the online payments market for Apple.

makes exclusivity only Apple can provide iPhone payments to partners who accept it and add your prepaid, debit or credit cards to Apple Pay.

privacy issue

In his defense, Apple states that restrictions on the chip for information exchange It is in effect between two connected terminals to guarantee the privacy and security of users.

The possibility of being sued for unfair competition before the Union comes at a time when Apple is putting strong pressure to open the iPhone to third-party app stores, and iMessage even works as a cross-platform messaging service.

Some aspects of this week “Digital Services Act”In the short term, it may begin to circulate the legal space of the EU through the European Parliament.

As events unfold, Council of Europe may force Apple to open iPhones to other app stores and a measure that CEO Tim Cook has said will fundamentally change the iPhone, as he has repeated several times.

Added “abuse of power” charge A range of legal issues Californians face around the world For the way it manages the App Store and handling commissions.

Although they need Apple’s help for their projects, a growing community is demanding changes to the way they drive revenue with iPhone services.

Source: i Padizate

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