Aug 10, 2016

Apple slams Australian bank 'cartel' in Apple Pay fight


Apple is not exactly thrilled by the Australian banking industry’s attempts to undermine its rollout of Apple Pay.


In July, four major financial institutions applied to the Australian Competition and Consumer Commission (ACCC) to negotiate collectively with Apple regarding mobile payments.


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For the banks — Bendigo and Adelaide Bank, the Commonwealth Bank of Australia, National Australia Bank, and Westpac — the fight centred on the fact that Apple does not allow outside banking apps to use iPhone hardware in favour of its own Apple Pay service. …


More about National Australia Bank, Wespac, Commonwealth Bank Of Australia, Anz, and Apple – Source



Apple slams Australian bank 'cartel' in Apple Pay fight

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