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EU seems pleased with Apple’s NFC efforts in contactless payments

thedailyposting.comBy thedailyposting.comJune 19, 2024No Comments

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Stock photo of Apple Pay on an iPhone 12 Mini next to a number of credit cards (1)

Edgar Cervantes / Android Authority

summary

  • Earlier this year, Apple opened up its iPhone’s NFC chips to third-party contactless payment services in the EU to comply with the DMA.
  • After an extensive evaluation, the EU is reportedly satisfied with Apple’s NFC-related changes, and the investigation is expected to be resolved shortly.
  • Apple has reportedly committed to keeping NFC chips open for 10 years.

A few months ago, Apple released iOS 17.4 with key EU-exclusive features to comply with the Digital Markets Act (DMA). While the headline of this iOS update was support for third-party app stores, Apple also implemented other changes to avoid hefty EU fines, including opening up the iPhone’s NFC chip to third-party contactless payment platforms. After investigating Apple’s NFC-related changes, the EU is reportedly satisfied with the company’s implementation.

According to the report: Financial TimesThe EU is happy with the NFC-related changes in the iPhone, and the related investigation is expected to be resolved soon. By opening up the chips to EU-based third parties, Apple avoided huge fines that could amount to 10% of its annual revenue, or about $40 billion. The iPhone maker has also committed to keeping these particular changes in place for 10 years.

Prior to the iOS 17.4 update, third-party payment services could only access the NFC chip in the latest iPhones by supporting Apple Pay. Recent changes give EU developers more flexibility by allowing them to adopt contactless payment support directly in their apps without relying on Apple Pay or Wallet.

While Apple may have escaped NFC-related fines in the EU, it could be fined for other reasons. For example, many have criticized the core technology fees that developers must pay even if they choose a third-party app store. After all, the EU is still studying Apple’s recent changes and will likely ask for further tweaks if it finds them unsatisfactory.

Have a tip? Contact us! Email our staff at news@androidauthority.com. It’s your choice whether to remain anonymous or get credited for your information.

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