PolicyBBC Technologyabout 1 hour ago
UK Regulator Asks Apple to Lower Fees
3 min read
The UK Competition and Markets Authority asks Apple to widen access to contactless payment tech and lower fees. The regulator argues high charges block innovation in the UK's fintech sector, which generated over £214 billion in turnover last year. Nearly 60% of people use digital wallets in the UK, and the industry supports more than 360,000 jobs.
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