Australia’s Heritage Bank and payment platform provider Tyro are the latest to enter submissions to the Australian Competition and Consumer Commission (ACCC), seeking to “collectively negotiate” with third party mobile wallet providers, while also urging Apple to open up the NFC technology in its handsets. Apple responded to the banks’ proposal last week, saying that doing so would undermine the security of Apple Pay.
- Apple marks Earth Day with Apple Pay donations
- WeChat Pay and offline mobile payments see “incredibly high” uptake in China
- Visa EMV transactions pass 1bn in the US
- Singapore banks add in-store QR code payments to mobile apps
- US Bank ties credit card points to mobile payments