Get the latest tech news
Apple to Allow Rivals to Access ‘Tap and Go’ Technology
In the latest iOS overhaul prompted by European Union rules, the smartphone maker will give third-party developers access to its payment technology.
Apple will allow rival companies to operate wallet technology on its iPhones free-of-charge for a decade, European Union regulators said on Thursday, in the latest overhaul prompted by local rules. This change, first proposed by Apple in December, means the smartphone maker will avoid billions of dollars in fines and a formal declaration by Brussels that it has broken EU rules. So consumers will have a wider range of safe and innovative mobile wallets to choose from.” The changes will last for at least 10 years and apply only to users who live in the European Union, as well as Iceland, Liechtenstein, and Norway.
Or read this on Wired