Close Menu
    Login
    • Register
    • Log in
    • Entries feed
    • Comments feed
    • WordPress.org
    • Home
    • Technology
    • Daily Tech
      • Science and Technology
    • Gadgets
    • Gaming
    • Space Exploration
    • Scope
    • Tech News
    Facebook X (Twitter) Instagram Pinterest YouTube WhatsApp
    Facebook X (Twitter) Instagram
    NewTechMania | Tech Revolution Mastering The InsightsNewTechMania | Tech Revolution Mastering The Insights
    Login
    • Home
    • Blog
    • Gadgets
      • Gaming
    • Technology
      • Science
    • Automobile
    • Exploration
    • Scope
    • Tech News
    NewTechMania | Tech Revolution Mastering The InsightsNewTechMania | Tech Revolution Mastering The Insights
    You are at:Home»Technology»Apple proposes to open up NFC payments to competitor companies in EU antitrust case – technology
    Technology

    Apple proposes to open up NFC payments to competitor companies in EU antitrust case – technology

    By Karan sharma20 January 2024No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Photo by Julien Doclot
    Photo by Julien Doclot
    Share
    Facebook Twitter LinkedIn Pinterest Email

    In response to Apple’s proposal, the European Commission is open to suggestions.

    Apple and the European Commission have been engaged in a protracted battle on the usage of Apple’s payment technology. It is possible that the dispute will soon be resolved. It has been officially announced by the Commission that Apple intends to make its Near-Field Communication (NFC) technology, which is utilized for tap-and-go payments, available to mobile wallet providers that are not affiliated with Apple. The first time that rumors of Apple’s plan were heard was in December of 2023.

    In the year 2020, the Commission initiated an investigation into Apple because of the possibility that it may restrict the availability of competing mobile wallet pay developers to necessary technology, thereby removing Apple Pay’s competitors. Two years later, it stated that it will be filing charges against Apple for allegedly violating the antitrust laws of the European Union. If these claims are shown to be true, Apple might be subject to a significant financial burden.

    The proposition that Apple has put up is a concession to its earlier arguments that third parties could have a detrimental effect on security. In the event that it is authorized, Apple would, among other things, make it possible for third parties to utilize APIs that have NFC functionality. There would be no fee or requirement to use Apple Pay or a wallet. Through this transition, access would be granted to technology that ensures the confidentiality of payment information. All iOS users and developers who are registered in the European Economic Area (EEA) would be subject to this regulation, according to Apple. On the other hand, individuals who are not located within the EEA may still be able to utilize apps that are developed by third parties. Apple also asserts that it will seek the assistance of an impartial reviewer in the event that a dispute arises regarding the company’s refusal to grant access to NFC. Here you will find all of the requested revisions as well as previous press announcements pertaining to the case.

    In line with what was anticipated, the European Commission has not hurriedly accepted the undertakings that Apple has provided. Instead, it has laid out the modifications and asked Apple’s competitors (and any other entities that may be interested) for their comments on whether or not the changes that have been given out to them are appropriate.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleX brings video and audio calling to Android users – technology
    Next Article The 64-voice Opsix mk II synth from Korg is based on the original FM sound engine – technology

    Related Posts

    Skypeaklimits 2024: Your Digital Success Elevate Your Presence

    OpenAI partners with Palmer Luckey’s Anduril to build military AI

    MS assures Windows 11 TPM security requirement won’t change

    Peloton launches audio-focused strength training app

    Add A Comment

    Comments are closed.

    • Recent Posts
    20 December 2024

    What is the Best Tech News Site? 2025

    20 December 2024

    How to Stay Updated With Tech News 2024

    5 December 2024

    Skypeaklimits 2024: Your Digital Success Elevate Your Presence

    5 December 2024

    OpenAI partners with Palmer Luckey’s Anduril to build military AI

    5 December 2024

    MS assures Windows 11 TPM security requirement won’t change

    5 December 2024

    Peloton launches audio-focused strength training app

    5 December 2024

    Bitcoin crosses $100,000 for the first time

    2 December 2024

    Musk asks court to prohibit OpenAI from going for-profit

    NewTechMania Tech Revolution Mastering Insights Embark on a tech adventure with latest gadgets technologies join us exploring possibilities main logo

    About US

    Embark on a tech adventure with NewTechMania. From the latest gadgets to emerging technologies, join us in exploring the possibilities that lie ahead.

    Terms

    • Privacy
    • Cookie
    • Terms
    • Disclaimer
    • DMCA

    Useful Links

    • Home
    • About Us
    • Contact Us
    • Get In Touch
    • Privacy

    Weekly Newslatter

    Subscribe to our newsletter to get updated!
    © 2024 NewTechMania. All RightS Reserved.
    Facebook-f Twitter Instagram Pinterest Youtube

    Type above and press Enter to search. Press Esc to cancel.

    Sign In or Register

    Welcome Back!

    Login below or Register Now.

    Continue with Google
    Lost password?

    Register Now!

    Already registered? Login.

    Continue with Google

    A password will be e-mailed to you.