
In the midst of Apple’s attempts to meet the EU’s antitrust regulations, a new report from Reuters hints that the company will “open its tap-and-go mobile payments system to rivals” as soon as next month. Making these changes would protect the company from receiving a huge fine of “as much as 10% of its global annual turnover.”
This news got me thinking about the prospects of competitors to Apple Pay coming to the iPhone. After using Google Pay for a fortnight as an experiment in 2023, I have to ask why anyone in the EU would even bother switching.