EU Forces Apple to Share Contactless Payment Playground in Antitrust Showdown

The EU has decided Apple’s monopoly on contactless payments needed a shake-up. So, Apple agreed to play nice and let others join the party. Now, competitors can finally breathe a sigh of relief and maybe even innovate a bit.

Apple’s grip on Apple Pay was tight, but the EU’s antitrust probe loosened it. Apple made some binding commitments, promising to open up its contactless payments. This is supposed to foster competition, but we'll see how that goes.

This development means your iPhone might soon offer more than just Apple Pay. The EU’s push for fairness in contactless payments could lead to more choices for consumers, assuming Apple sticks to its commitments.

[Read more here](https://techcrunch.com/2024/07/11/eu-ends-apple-pay-antitrust-probe-with-binding-commitments-to-open-up-contactless-payments/)