payment

European Regulators Will Soon Approve Apple’s Plan to Open Up Tap-to-Pay to Banks and Payment Providers

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European Regulators Will Soon Approve Apple’s Plan to Open Up Tap-to-Pay to Banks and Payment Providers

As part of the changes introduced in Europe in iOS 17.4, Apple gave third-party payment apps and banks direct access to the NFC chip, allowing for non-Apple Pay tap-to-pay payment options. The European Commission is set to approve Apple’s plan to open up tap-and-go mobile payments “as soon as next month,” according to Reuters. With … Read more

The rise of digital wallets: A look at the UK’s payment revolution

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The rise of digital wallets: A look at the UK’s payment revolution

Digital wallets have emerged as a transformative force in how people pay for things in recent years as digital technology, especially via mobile phones, has accelerated in the 21st century. The first ever digital wallet is widely accepted to have been created by Coca-Cola in 1997 in Helsinki, enabling consumers to make purchases at a … Read more