By Illustration: The Verge
Apple will let third-party mobile wallet and payment providers access the iPhone’s NFC capabilities in concessions meant to address a European Commission antitrust investigation, the regulator announced today. The Commission is now seeking feedback on the commitments, which would end Apple Pay and Apple Wallet’s exclusive access to the iPhone’s NFC payment features. It’s the latest development in the nearly four year-old investigation.
The proposed commitments come a little over one and a half years after the Commission formally accused Apple of using its iOS policies to restrict competition in the mobile payments market in violation of EU law. “The Commission takes issue with the decision by Apple to prevent mobile wallets app…