Apple to open its tap-and-go payment tech to mobile wallet providers in EU

Apple will open its tap-and-go mobile payments system to rivals, EU antitrust regulators said on Thursday, ending a four-year long investigation that could have resulted in a hefty fine for the iPhone maker.

Apple’s decision to settle the EU antitrust probe marks a rare move by the company which has pushed back against the EU competition watchdog scrutinising its business practices. It currently faces three investigations under the Digital Markets Act (DMA) over its business practices.