Apple may face EU rules to open up payment technology

By Natalia Drozdiak

Technology
Friday, 25 Sep 2020
7:00 AM MYT

The European Union is weighing legislation that could force Apple Inc to open iPhone payment technology to competitors. — Bloomberg

The European Union is weighing legislation that could force Apple Inc to open iPhone payment technology to competitors.

The potential rules would grant other payment services a right of access to infrastructure such as near-field communication technology embedded in smartphones, the European Commission said Sept 24, confirming a Bloomberg report last week.

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GENM-C3E	0.030	0.035	0.030	0.030	-0.005	-14.29	379,331
HSI-CWC6	0.155	0.155	0.115	0.125	-0.025	-16.67	374,859
XIAOMI-C36	0.165	0.165	0.160	0.160	-0.005	-3.03	315,499
ECOSHOP-CJ	0.100	0.100	0.095	0.100	0.000	0.00	252,160
VELESTO	0.190	0.190	0.180	0.185	-0.005	-2.63	229,028

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