Apple to Settle EU Antitrust Probe, Allow NFC Access with 10-Year Promise

Jun 18, 2024, 11:56 AM

Apple Inc. is set to conclude a long-running European Union antitrust investigation into its mobile payments system, Apple Pay. The company has reportedly made a series of concessions to avoid a substantial fine, including a 10-year promise to allow third-party rivals access to its hardware NFC systems. This change will enable developers to use NFC access without Apple Pay or Wallet, marking a significant shift in the EU's mobile payments landscape. The investigation was focused on Apple's 'tap-and-go' payments probe.