|
Title: News: Australian banks accused of anti-competitive behavior over Apple Pay lockout Post by: HCK on November 28, 2015, 03:00:28 am News: Australian banks accused of anti-competitive behavior over Apple Pay lockout
(http://assets.ilounge.com/images/uploads/apple_pay_am_ex_and_citi_iPhone6Plus-PF-iPhone6-PF-Passbook-PR-PRINT.jpg) While Apple Pay officially launched in Australia last week, the country’s banks are still refusing to link their cards to the digital payment system, prompting calls for the Reserve Bank to examine banks for potential anti-competitive behavior, The Sydney Morning Herald reports. Apple’s fees for using the service have been a sticking point in negotiations for months, with the company reportedly demanding the same 15 cents on every $100… Source: News: Australian banks accused of anti-competitive behavior over Apple Pay lockout (http://www.ilounge.com/index.php/news/comments/australian-banks-accused-of-anti-competitive-behavior-over-apple-pay-lockou) |