Content-type: text/html Downes.ca ~ Stephen's Web ~ Apple Would Have to Share Payment Tech Under Rules Mulled by EU

Stephen Downes

Knowledge, Learning, Community

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.

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Stephen Downes Stephen Downes, Casselman, Canada
stephen@downes.ca

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Last Updated: Dec 22, 2024 9:23 p.m.

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