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Australian public hearing considers case for regulatory controls to ensure payment apps get access to smartphone NFC technology

Australian public hearing considers case for regulatory controls to ensure payment apps get access to smartphone NFC technology
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CBA s Comyn attacks Apple for being anti-competitive

The European Union and the Netherlands are investigating issues relating to access to iPhone NFCs. Treasury has received a report examining the regulatory architecture of the payments system but this has not been released. Over the past two days, the PJC heard evidence there are too many regulators involved in payments regulation in Australia, creating confusion about respective responsibilities. âDistortions in marketsâ The committee is considering whether to recommend a law such as one introduced in Germany, which creates an access regime for NFCs. The RBA said on Monday if an access regime was created in Australia, banks would still need to pay something to Apple for using its infrastructure.

Peter grayRod simsDeborah oneillDiana layfieldCommonwealth bankConsumer commissionApple paySenator deboraho neillReserve bankAustralian competitionGoogle androidComyn appleபீட்டர் சாம்பல்தடி சிம்ஸ்டெபோரா ஓனேிழில்டயானா லேஃபீல்ட்

Australia Considers Forcing Apple To Open Up Apple Pay Interface

Getty Images The Australian government is considering requiring Apple to open up its contactless payment technology to more than just its own Apple Pay service. The Parliamentary Joint Committee on Corporations and Financial Services has heard arguments for and against forcing Apple to open up access to its near-field communication (NFC) interface on iPhone to third-party apps, much like how other interfaces like Bluetooth and the camera can be used by any application. Major stakeholders like Apple, Google and others are all presenting arguments for consideration. Although Android supports alternatives, Apple cites security issues with the alternative as a reason why it cannot open up the NFC interface to third parties.

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Australia considers requiring Apple to support Apple Pay rivals

Australia considers requiring Apple to support Apple Pay rivals
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Australia considers requiring Apple to support Apple Pay rivals - iPhone Discussions on AppleInsider Forums

Australia considers requiring Apple to support Apple Pay rivals - iPhone Discussions on AppleInsider Forums
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