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Apple opens up payments under EU pressure

Payments Dive

Apple plans to give software developers the option to use third-party payment systems, but warned that the change will expose consumers to new threats.

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Apple spotlights payments in fourth-quarter earnings call

Payments Dive

CFO Luca Maestri said the Cupertino, California-based company’s gains in payments were “very, very important” in order to get users of Apple’s hardware to also start paying for its software.

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Apple blocks Epic’s rival app store

Payments Dive

Apple is trying to cynically kill off developers that stand up to them,” Epic Director of Public Policy Leo Rees said Wednesday.

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Fintech founder backs Google, Apple

Payments Dive

“It’s easy for giant app companies to pick fights with Apple and Google, but when billionaire companies fight about who gets richer, it’s usually the little guy that loses,” writes CashEx’s CEO.

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Apple joins BNPL boom

Payments Dive

Apple Pay Later will let users split the cost of an Apple Pay purchase into four equal payments over a six-week period, with no interest or fees. It will be available via the Mastercard network.

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Stripe, Alaska Airlines to offer in-flight contactless payments

Payments Dive

Payments company Stripe said it’s the first time that an airline will use Apple’s contactless payments feature across an entire fleet.

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EU Could Force Apple To Share Payments Tech With Competitors

PYMNTS

The European Union (EU) could pass new laws that would make it mandatory for Apple to share the payments technology in its iPhones, according to a report from Bloomberg. The EU earlier this summer said its antitrust probe would look into both the App Store and Apple Pay.

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