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Apple Offers iPhone NFC Chip Access to Apple Pay Rivals in EU
(www.macrumors.com)
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this post was submitted on 12 Dec 2023
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I agree, but at least it is now possible to compete with Apple Pay. The position of Apple and Google Pay is too strong if competition is unthinkable.
Apple was smart to partner with the banks and acting as a proxy initially. The next step could bypass Visa, MasterCard, banks, payment processors, ...