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Apple Opens Tap-to-Pay to Competitors, but Can They Take Advantage?

Apple is letting competitors in on some of the technology that has powered Apple Pay. The iPhone maker on Wednesday announced that it will soon allow app developers in Australia, Brazil, Canada, Japan, New Zealand, the U.K. and the U.S. to make use of its devices’ near-field communications and certain security features to enable activities including in-store tap payments. With Apple previously not allowing this, many digital wallets turned to things like QR codes or other workarounds to turn their iPhone apps into in-store payment tools. Read More...

Apple is letting competitors in on some of the technology that has powered Apple Pay. The iPhone maker on Wednesday announced that it will soon allow app developers in Australia, Brazil, Canada, Japan, New Zealand, the U.K. and the U.S. to make use of its devices’ near-field communications and certain security features to enable activities including in-store tap payments. With Apple previously not allowing this, many digital wallets turned to things like QR codes or other workarounds to turn their iPhone apps into in-store payment tools.

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