UK regulators are increasing pressure on Apple over its mobile payment ecosystem, calling on the tech giant to open the iPhone's contactless technology to competing payment providers.
Currently, Apple tightly restricts access to the iPhone's NFC capabilities, limiting third-party developers from offering native, seamless tap-to-pay alternatives to Apple Pay. Alongside opening up the hardware, authorities in the UK are pushing for Apple to reduce the fees it levies on transactions processed through its platform.
This move aligns with wider international regulatory scrutiny addressing Apple's closed ecosystem and digital payment control. Opening access could give UK consumers greater choice over their default digital wallets and encourage competition among mobile financial services.
For full details and further context on the regulatory proposals, please check the original report on GSMArena.
