UK Regulatory Bodies Initiate Investigation into Digital Wallets Including Apple Wallet
Monday, 15 July 2024, 16:29
Investigation Launched by UK Regulatory Bodies
Focusing on Digital Wallets including Apple Wallet
The UK regulatory bodies have jointly initiated an investigation into digital wallets, with a specific focus on concerns related to fees, anti-competitive behavior, and potential disruptions.
- Risks: Uncovering potential risks associated with the operations of digital wallets
- Target: Specifically targeting Apple Wallet and its competitors
- Consumer Harm Assessment: Evaluating the potential harm to consumers and the market if these digital wallets were to malfunction
- Transparency: Seeking to illuminate the practices of popular payment platforms
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.