{"id":8592,"date":"2024-07-13T18:44:54","date_gmt":"2024-07-13T18:44:54","guid":{"rendered":"https:\/\/eunewsroom.com\/apple-avoids-threat-of-fines-from-eu-regulators-on-contactless-payments-technology\/"},"modified":"2024-07-13T18:44:54","modified_gmt":"2024-07-13T18:44:54","slug":"apple-avoids-threat-of-fines-from-eu-regulators-on-contactless-payments-technology","status":"publish","type":"post","link":"https:\/\/eunewsroom.com\/en\/apple-avoids-threat-of-fines-from-eu-regulators-on-contactless-payments-technology\/","title":{"rendered":"Apple avoids threat of fines from EU regulators on contactless payments technology"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>Apple has agreed to open its tap-and-go payments system to rivals in Europe, European Union antitrust regulator has said. This means that the iPhone maker will avoid the threat of fines by allowing rival wallet developers to use contactless mobile payments technology of Apple Pay for 10 years.<br \/><!--1--><br \/><!--2-->\u201cThe Commission has decided to accept commitments offered by Apple. These commitments address our preliminary concerns that Apple may have illegally restricted competition for mobile wallets on iPhones,\u201d said European Commission EVP Margrethe Vestager, who heads up the EU\u2019s competition&#8230;<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/timesofindia.indiatimes.com\/technology\/tech-news\/apple-avoids-threat-of-fines-from-eu-regulators-on-contactless-payments-technology\/amp_articleshow\/111666940.cms\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Apple has agreed to open its tap-and-go payments system to rivals in Europe, European Union antitrust regulator has said. This means that the iPhone maker will avoid the threat of fines by allowing rival wallet developers to use contactless mobile payments technology of Apple Pay for 10 years.\u201cThe Commission has decided to accept commitments offered [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[121],"tags":[],"class_list":{"0":"post-8592","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-technology"},"_links":{"self":[{"href":"https:\/\/eunewsroom.com\/en\/wp-json\/wp\/v2\/posts\/8592","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/eunewsroom.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eunewsroom.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eunewsroom.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/eunewsroom.com\/en\/wp-json\/wp\/v2\/comments?post=8592"}],"version-history":[{"count":0,"href":"https:\/\/eunewsroom.com\/en\/wp-json\/wp\/v2\/posts\/8592\/revisions"}],"wp:attachment":[{"href":"https:\/\/eunewsroom.com\/en\/wp-json\/wp\/v2\/media?parent=8592"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eunewsroom.com\/en\/wp-json\/wp\/v2\/categories?post=8592"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eunewsroom.com\/en\/wp-json\/wp\/v2\/tags?post=8592"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}