# Apple Settles EU Case By Opening Its iPhone Payment System To Rivals

**URL:** <https://onehack.st/t/apple-settles-eu-case-by-opening-its-iphone-payment-system-to-rivals/286713>\
**Category:** News & Articles\
**Tags:** technology\
**Created:** [July 12, 2024, 9:52am UTC](https://onehack.st/t/apple-settles-eu-case-by-opening-its-iphone-payment-system-to-rivals/286713 "2024-07-12T09:52:30Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![Nina](https://onehack.st/user_avatar/onehack.st/nina/32/86958_2.png) [@Nina](https://onehack.st/u/Nina)\
**Post date:** [July 12, 2024, 9:52am UTC](https://onehack.st/t/apple-settles-eu-case-by-opening-its-iphone-payment-system-to-rivals/286713/1 "2024-07-12T09:52:30Z")

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**Summary:**

1. Apple will open its **“tap to pay” iPhone payment system** to **rivals** in the **European Economic Area** , avoiding a **hefty fine** from the European Commission.

2. The **commitments** will allow **third-party mobile wallet** and **payment service providers** access to the **contactless payment** function in **iOS**.

3. The **changes** will benefit **competitors** and **customers** , coming into force by **July 25** and remaining for a **decade** , monitored by a **trustee**.

[Read more on The Guardian](https://www.theguardian.com)
