Earlier this year, it was reported that the European CommissionReaching an AgreementApple will open up the NFC function on iOS devices to the outside world, so that more third-party mobile payment and e-wallet services can also use the NFC function on the iPhone to sense transactions. Apple made it earlier.Legally binding commitment, will allow developers to fully access Face ID authentication and quick launch features by tapping the power button, making their mobile payment services more convenient to use on iPhone.
In addition, Apple also allows users to use third-party digital wallet services as default options to avoid being deemed to have violated market monopoly within the European Union.
Apple has actually allowed developers to access the NFC function on the iPhone a long time ago, but when it comes to financial transactions, there are often strict conditions involved, making it difficult for most third-party e-wallets and mobile payments to conduct contactless transactions through the built-in NFC function of the iPhone. Payment can only be made through methods such as QR Code.
Since 2020, the European Commission has been investigating Apple's use of the iPhone's built-in NFC function, which was questioned as being too stringent. The Commission initially determined that Apple currently has a certain scale of influence in the mobile device market, and therefore believed that Apple's approach has made Apple Pay the only service on the iPhone that can complete payment transactions using NFC sensing. Therefore, it believes that Apple is involved in a monopoly.
Therefore, in the subsequent agreement reached with Apple, Apple will agree to open up access to the iPhone's built-in NFC function to third-party mobile payment and e-wallet operators, and will be able to sense and complete payments like Apple Pay.
