Regulator proposal
A UK regulator has asked Apple to open up broader access to the payment technology built into its devices, saying changes could create space for a wider range of services from third parties. The regulator framed the move as a means to allow developers and businesses to build alternatives that today rely on Apple’s proprietary systems.
Potential new services
The regulator said the proposed changes could pave the way for new digital wallets and digital keys as well as ticketing applications that integrate directly with devices. Those services could offer consumers more choice over how they pay for goods and services, and how they store and use credentials and tickets on their phones.
Competition and consumer impact
Officials described the proposals as aimed at increasing competition in the market for device-based payment and credential services. The regulator did not give a firm timetable for when any changes might be implemented and said consultation and further detail would be needed before rules would be finalised.
Responses and next steps
The regulator has set out its position publicly and will expect stakeholders, including Apple and developers, to respond as part of any consultation process. Any changes would likely require technical adjustments and compliance steps by device manufacturers, app developers and service providers before new offerings appear to consumers.