Apple To Open Payment Chip To Third Parties and Charge Fees

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By msmashAug 14, 2024, 2:00 pm309 pts
Apple will begin letting third parties use the iPhone's payment chip to handle transactions, a move that allows banks and other services to compete with the Apple Pay platform. From a report: The move, announced Wednesday, follows years of pressure from regulators, including those in the European Union. Apple…

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