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.
- Uber to let customers use Venmo to share costs with friends
- Seoul moves forward with plans for its own S-Pay payments system
- NXP supplies contactless and NFC chips for World Cup tickets and match balls
- Grab unveils plan to turn its mobile wallet into a platform
- WeChat Pay ‘will not seek to offer more local payment wallets’