CMA outlines proposals to unlock contactless technology on Apple iPhone
What's happening
The UK Competition and Markets Authority (CMA) has published a consultation proposing to open iPhone contactless (NFC) access so rivals to Apple Pay can operate, citing fees, restrictive terms and fragmented technical requirements that stifle fintech innovation. The proposals aim to let developers build contactless payments, ticketing and travel apps on iPhones, lower fees and remove technical barriers, aligning with the UK's National Payments Vision. The CMA says current arrangements are commercially unviable for some businesses and wants to transform how UK companies build digital products and services on Apple's iPhone.
Why it's trending
This is rising because the CMA has now put formal proposals and a consultation on the table that target Apple's NFC rules, turning long-running complaints into potential regulatory change.
SignalNewly emerging, confirmed across 1 independent source type.
Story volume
Stories per dayAngles you could write
If opening iPhone NFC becomes law, Apple Pay could lose its 'default' status, and that's exactly what the UK regulator wants, but incumbents may fight back and consumers might see more complexity, not just choice.
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Original sources8
- CPI | Apple Faces Fresh UK Pressure to Open iPhone Payments to RivalsPYMNTS.comOct 20
- UK Pressures Apple to Open Up Contactless Payment Technology
Regulators in the UK are pushing Apple to open access to its contactless payment technology, allowing users to tap into new payment, ticketing, and travel apps. The nation’s Competition and Markets Authority (CMA) says Apple’s current fees and charges are stifling innovation among fintechs. The European Union already allows developers to request access to Apple’s […] The post UK Pressures Ap
PaymentsJournalOct 20 - CMA outlines proposals to unlock contactless technology on Apple iPhone
The Competition and Markets Authority (CMA) is consulting on proposals to transform how UK businesses build digital products and services on Apple’s iPhone. Source
Open Banking ExpoOct 20
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