EU Accepts Apple's Commitments on Apple Pay for Improved Contactless Payments Accessibility

Thursday, 11 July 2024, 10:04

The European Union and Apple have come to an agreement to enhance accessibility to contactless payments by introducing binding commitments regarding Apple Pay. This settlement follows a detailed antitrust probe, ensuring fair competition in the market. The deal signifies a significant step towards promoting open and fair practices in the digital payment sector, benefitting consumers and businesses alike.
TechCrunch
EU Accepts Apple's Commitments on Apple Pay for Improved Contactless Payments Accessibility

EU Accepts Apple's Commitments on Apple Pay

The European Union and Apple have reached an agreement to improve accessibility to contactless payments.

Settlement Ensures Fair Competition

This follows a comprehensive antitrust investigation, aiming to uphold fair market practices.

  • Enhancing Contactless Payments
  • Introducing binding commitments to guarantee fair competition
  • Benefiting Consumers and Businesses Alike

The agreement heralds a positive move towards a more open and competitive digital payment landscape.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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