The UK’s Competition and Markets Authority (CMA) has proposed a new set of regulations for Apple and Google, allowing app developers to direct users to payment methods outside the app store. The CMA also wants the two companies to justify “steering fee” charges based on costs and value, instead of commission rates that could be as high as 30%.
This proposal falls within the scope of the UK’s new Digital Markets law. The CMA is expected to make a decision this year on whether to impose formal obligations on Apple and Google.
For Apple, the CMA is also considering a requirement to open NFC access on iPhones so that UK fintech companies can develop alternative wallets on iOS. These services could compete with Apple Wallet, including payments linked directly to an account and future digital-money solutions.
It is not yet clear what requirements the CMA will apply at the final level. However, the proposals suggest that this agency is focusing on payment app fees and the ability to access infrastructure on iPhone—two points that could directly impact the digital payments ecosystem in the UK.
Source: https://tintucbitcoin.com/anh-quoc-yeu-cau-apple-google-mo-thanh-toan-ios/
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