PolicyMint Technologyabout 1 hour ago
UK Regulator Seeks to Lower Apple Fees
2 min read
Britain's competition regulator proposed on Tuesday to loosen Apple's grip on contactless payments by requiring lower fees and removing technical barriers. The Competition and Markets Authority aims to help rival services compete with Apple Pay, noting that 39% of all payments are now contactless. The CMA is consulting on these proposals until November 17, before making a final decision.
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