Australian banks demand access to NFC chip on iPhone to better compete with Apple Pay<div class="feat-image">
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<p>Australia’s three biggest banks are claiming that Apple is in breach of antitrust laws by not allowing third-party mobile payment apps to use the NFC chip used by <a href="
http://9to5mac.com/guides/apple-pay/" target="_blank">Apple Pay[/url] for contactless payment.</p>
<p><a href="
http://www.reuters.com/article/us-australia-banks-apple-idUSKCN10709W" target="_blank">
Reuters[/url] reports that the banks have initially requested permission from regulators to jointly negotiate with Apple – ironically, because they might themselves be in breach of antitrust laws if they clubbed together to negotiate without clearance to do so …</p>
<p> <a href="
http://9to5mac.com/2016/07/27/australian-banks-apple-pay-antitrust/#more-440319" class="more-link">more…[/url]</p>
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Australian banks demand access to NFC chip on iPhone to better compete with Apple Pay
