Apple gives in to Europe: iPhone will support other payment systems besides Apple Pay

Among the many issues relating to competition, last year the European Commission also dealt with digital payments, accusing Apple of incorrect behavior for having prevented competitors from using iPhone’s NFC to enable other payment systems.

It is not the first time that the apple company ends up in the sights of the European Union, but it seems that this time the issue will be resolved without too many problems: according to ReutersIn fact, Apple has already contacted interested rivals to offer them access to the payments system tap and go of iPhone.

There is no official confirmation from Apple yet, but Returns claims to have already received confirmation from three people informed of the facts, and in the end it might not be a great loss for Apple.

Indeed, it is likely that for the Cupertino company “anticipating” the EU and opening its own payments system is the most sensible choice, because companies risk fines of up to 10% of turnover if they infringe European antitrust laws.

Whereas Apple Pay is already supported by over 2500 European banks (to which are added over 250 fintech companies and challenger bank) and it is practically a de facto standard for those who pay with iPhone, it is likely that it does not constitute a great risk for Apple to open up to other rivals, who probably will not even have the extreme convenience with which Apple Pay is started (double clicking on the power button).