Apple Finally Forced to Actually Unlock Mobile Payments

Apple Finally Forced to Actually Unlock Mobile Payments

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iPhone users will soon be able to tap and go to pay for payment apps, public transport passes, concert tickets and more, but only in the EU.

Apple was eventually forced to switch to USB-C

Yes, the Europeans are at it again, forcing Apple to unlock parts of its closed iPhone ecosystem and make things better for businesses and users. This time it’s Apple Pay, which until now has had almost exclusive access to the iPhone’s NFC chip for making payments. Soon, you’ll be able to use alternative payment methods from your phone. For example, you’ll be able to tap to pay with PayPal or your bank’s app instead of going through Apple.

"It's clear that Apple isn't overly concerned about losing its position in European wallets. 32 percent of consumers in Europe are iPhone users, essentially giving Apple a significant and willing 'captive' audience," Alex Reddish, managing director at Tribe Payments, told Lifewire via email. "On closer inspection, it appears that Apple has decided that it can capture some of its wallet share to stave off further lawsuits from regulators. I think Apple believes that even with regulatory pressure, its product and user experience advantage will allow it to maintain points of interaction with consumers."

Apple Pay is awesome. It’s both more convenient and more secure than a credit card, especially if you live in a country where cards still use magnetic swipe strips.

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