Skip to main content

Apple faces potential class action lawsuit in the US over Apple Pay anticompetitive practices

Iowa’s Affinity Credit Union is suing Apple over what it alleges is anticompetitive conduct in how it operates Apple Pay. This may turn into a class action lawsuit and is similar to a charge in the EU last year. The charge is this – Apple “coerces” owners of its phones, tablets and watches to use Apple Pay and prevents other payment services from competing on its platforms. This has lead to 4,000 banks and credit unions in the US to use Apple Pay and pay at least $1 billion of excess fees each year. Apple charges a 0.15% fee on credit transactions and a flat 0.5 cent fee on debit...



from GSMArena.com - Latest articles https://bit.ly/3aQtBdQ
Labels:

Comments

Post a Comment

Popular posts from this blog

Nissan’s electric microcar will come with 20 kWh battery and driver assists, to debut in 2022

via Firstpost Tech Latest News https://bit.ly/3gEkEUF
Post a Comment
Read more

Samsung Galaxy S23 series gets camera-improving major update

Samsung has released a new software update for the Galaxy S23, Galaxy S23+, and Galaxy S23 Ultra, which brings camera improvements and fixes to the Galaxy S23 trio. For starters, the autofocus algorithm has been changed for faster photography, meaning when a user presses the camera shutter button in the default camera app, the phone's camera takes the photo even if the focus is not completely set. Galaxy S23 (left), Galaxy S23+ (center), and Galaxy S23 Ultra (right) However, those who want the app to capture a photo only after a proper focus is set can change the behavior by... from GSMArena.com - Latest articles https://bit.ly/3ZmvvpG
Post a Comment
Read more