Exclusives | Europe

Apple offers to let rivals access tap-and-go tech in EU antitrust case 

12 December 2023, 12:00 am
1 min read
FILE PHOTO: EU flag and Apple Pay logo are seen in this illustration taken May 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

Reuters exclusively reported that Apple (AAPL.O) has offered to let rivals access its tap-and-go mobile payments systems used for mobile wallets, three people familiar with the matter said, a move that could settle EU antitrust charges and stave off a possible hefty fine. The EU competition enforcer last year charged Apple with curbing rivals’ access to its tap-and-go technology, Near-Field Communication (NFC), making it difficult for them to develop rival services on Apple devices.