Near Field Communication (NFC) is a technology that uses Radio Frequency Identification (RFID) in your phone to enable things like Apple Pay and Google Pay. It's very short range - on my Pixel 4 I have to hold the phone right up to the reader and squeeze the sides. These RFID readers are everywhere here in Canada; I haven't had cash in my wallet since March. It never occurred to me that the manufacturer would limit its use to, well, itself, but I didn't count on Apple, which won't allow any other service to use it. According to Bloomberg, the EU is mulling a requirement that would force Apple to open its platform. But Apple is lagging globally; as this report notes, it's not yet available in India. "Samsung and Google do not take a cut on the interchange fees for payments made on their NFC payments apps, but Apple does, and disallows other NFC payment apps on Apple devices." This is why I stay far far away from anything Apple.
Today: 3 Total: 89 [Share]
] [