phillynews215
06-19-2024, 09:51 AM
https://www.androidauthority.com/wp-content/uploads/2024/05/Apple-Pay-on-iPhone-12-Mini-next-to-many-credit-cards-stock-photo-1.jpg Credit: Edgar Cervantes / Android Authority
Earlier this year, Apple opened up the iPhones NFC chip to third-party contactless payment services in the EU to comply with the DMA.
Following some extensive evaluation, the EU is reportedly happy with Apples NFC-related changes, and the probe will likely be settled soon.
Apple has reportedly committed to maintaining the NFC chips openness for a decade.
A few months ago, Apple rolled out iOS 17.4 with some major, EU-exclusive features to comply with the Digital Markets Acts (DMA). While that iOS update (https://www.androidauthority.com/new-ios-update-features-3355546/)s highlight was support for third-party app stores, Apple implemented some other changes to dodge the EUs hefty fines. These include opening up the iPhones NFC chip (https://www.androidauthority.com/what-is-nfc-270730/) to third-party contactless payment platforms. After investigating Apples NFC-related changes, the EU is reportedly happy with the companys execution.
According to a report by the Financial Times (https://www.ft.com/content/fb939c62-4e24-4ffa-8125-b60120c4776e), the EU is satisfied with the iPhones NFC-related changes, and its expected to settle the relevant probe soon. By opening up the chip to EU-based third parties, Apple has dodged a significant fine that couldve amounted to 10% of its annual revenue  around $40 billion. The iPhone maker has also pledged to maintain these particular changes for a decade.
More... (https://www.androidauthority.com/eu-happy-apple-nfc-payments-iphone-3452679/)
Earlier this year, Apple opened up the iPhones NFC chip to third-party contactless payment services in the EU to comply with the DMA.
Following some extensive evaluation, the EU is reportedly happy with Apples NFC-related changes, and the probe will likely be settled soon.
Apple has reportedly committed to maintaining the NFC chips openness for a decade.
A few months ago, Apple rolled out iOS 17.4 with some major, EU-exclusive features to comply with the Digital Markets Acts (DMA). While that iOS update (https://www.androidauthority.com/new-ios-update-features-3355546/)s highlight was support for third-party app stores, Apple implemented some other changes to dodge the EUs hefty fines. These include opening up the iPhones NFC chip (https://www.androidauthority.com/what-is-nfc-270730/) to third-party contactless payment platforms. After investigating Apples NFC-related changes, the EU is reportedly happy with the companys execution.
According to a report by the Financial Times (https://www.ft.com/content/fb939c62-4e24-4ffa-8125-b60120c4776e), the EU is satisfied with the iPhones NFC-related changes, and its expected to settle the relevant probe soon. By opening up the chip to EU-based third parties, Apple has dodged a significant fine that couldve amounted to 10% of its annual revenue  around $40 billion. The iPhone maker has also pledged to maintain these particular changes for a decade.
More... (https://www.androidauthority.com/eu-happy-apple-nfc-payments-iphone-3452679/)