iPhone NFC Payment Faces Renewed Regulatory Turmoil in Brazil, Apple Accuses Local Banks of 'Free-Riding'

18 hour ago / Read about 0 minute

Author：小编

Brazil's antitrust regulatory agency has launched another investigation into Apple, this time expanding its scope from the App Store to the iPhone's built-in NFC payment functionality. Previously, the Administrative Council for Economic Defense (CADE) in Brazil had already initiated an antitrust investigation into Apple's App Store, compelling Apple to open up third-party app stores and external payment methods locally. Now, CADE is questioning whether Apple's fee model for NFC payment access constitutes unfair competition.

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