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Technology

Stephen Warwick

BIZARRE: Apple to offer huge apple pay concession to eu that could see rivals access tap and go iphone tech | Mind Blowing Facts

Apple Apple Pay European Union European Commission

Apple Tap to Pay.

Apple has reportedly offered rivals access to the iPhone technology that powers Apple Pay in a bid to appease EU antitrust regulators.

According to a report by Reuters Tuesday, "Apple (AAPL.O) has offered to let rivals access its tap-and-go mobile payments systems used for mobile wallets, three people familiar with the matter said, a move that could settle EU antitrust charges and stave off a possible hefty fine."

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