Apple has hit walls introducing Apple Pay into Australia with the banks arguing Apple’s business practice was anticompetitive. The banks demanded access to the NFC hardware in the iPhone to be able to offer competing contactless mobile payments services. Apple refused and the banks went to court.
Although draft rulings indicate that the court will rule in favour of Apple, the final decision will be announced in March. Today, Apple continues to lay on the criticism accusing the Australian banks for attempting to ‘delay or even block’ the Apple Pay rollout.
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