Supermarket giant Coles is backing the group of Australian banks seeking power to “collectively negotiate” with third party mobile wallet providers... More
Australian Competition and Consumer Commission
ACCC rejects Australian banks’ negotiation bid
The Australian Competition and Consumer Commission (ACCC) has decided not to grant a group of Australian banks interim authorization to “collectively negotiate” with third party mobile wallet providers. More
New players in Apple Pay controversy
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... More
Apple says Australian banks’ plans would “diminish” security
Apple is urging the Australian Competition and Consumer Commission to reject a request from a group of the country’s banks to “collectively negotiate” with third party mobile wallet providers over the introduction of mobile payment services. More
Australian banks seek stronger negotiating powers with third party mobile wallet providers
A group of Australian banks have submitted an application to the Australian Competition and Consumer Commission (ACCC), urging for the right to ensure they are able to “collectively negotiate” with third party mobile wallet providers. More