Apple Pay inhibit competition, according Australians

Apple Pay is part of serious challenges in Australia, three of the largest banks in the country by submitting a common complaint to the Competition Commission in the idea of forcing Apple to attend a series of talks on how to install systems third payment mobile directly from your iPhone.

National Australia Bank (NAB), Commonwealth Bank of Australia and Westpac Banking Corp are the three banks in question, an accounting of all three saying journalists that restrictions imposed by Apple Wallet app on the installation of third-party solutions for mobile payments represent behavior anticompetitive.

Through this application, the three banks intend to ask the authorities to oblige Apple to enter into negotiations on the ability to install third-party software for mobile payments in the Wallet app, the Apple restricting access to force users to use only Apple Pay off own terminals.

Apple Pay is a thorn in Australian banks

Basically, banks will compel Apple to allow them to use the chip NFC in the iPhone because their applications can make mobile payments, but this will not happen, because Apple does not have the intention of opening access to this NFC chip to promote the third mobile payments systems.

Our wish is that Australians have the right to choose which system you want to use mobile payments. If our complaint is successful, it will bring enormous benefits to the Australian mobile payments, including payment schemes for public transportation, airline tickets, store loyalty programs and more to be developed.

The truth is that the way Apple restricts access to this NFC chip inhibit the growth of competing products, but those of Cupertino have thought strategy in precisely this sense and since until now access to this system has not yet been facilitated unlikely Apple to open it anytime soon.

The reality is that banks in Australia are unlikely to be pleased that Apple comes as a middleman for customers and charge for mobile payments made by users, their aim being to try to eliminate Apple Pay and never pay money to Apple .

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