iPhone users in Europe will no longer have to use Apple Pay for mobile payments
How long will Apple's mandated changes remain in effect?
Apple's mandated changes to its business practices, which include giving rivals access to the contactless payments technology on iPhones, will remain in effect for 10 years. These changes apply throughout the 30 countries in the European Economic Area.
What changes must Apple implement by July 25?
Apple must implement changes to its contactless payment technology on iPhones by July 25, as per the agreement with the European Commission. This includes providing third-party mobile wallet developers with free access to the near-field communication (NFC) technology used for contactless payments on iPhones. Additionally, Apple must allow iPhone users to choose their preferred mobile wallet as the default option on their devices. These changes will apply throughout the 30 countries in the European Economic Area for the next 10 years.
What technology must Apple provide access to for competitors?
Apple must provide access to its near-field communication (NFC) technology for competitors, allowing third-party mobile wallet developers to integrate contactless payment features into their apps on iPhones. This will enable iPhone users to choose their preferred mobile wallet for payments in stores and enjoy all iPhone functionalities, including double-click, tap-and-go, and Face ID.