Swiss regulators are examining what conditions Apple puts on third-party firms before it allows them to use the same NFC technology that enables Apple Pay.
NFC payments are to be investigated by Switzerland’s competition regulator
NFC payments are to be investigated by Switzerland’s competition regulator
In June 2024, the European Union forced Apple to open up its NFC payment processes to rivals. Apple then granted the same access to companies in a range of regions including the US, Canada, and Japan in August 2024.
Now Switzerland’s Competition Commission (COMCO) has announced a provisional investigation into the specifics of this access. COMCO says that this is in part to determine “whether other providers of mobile payment apps can effectively compete with Apple Pay.”
