Apple may face a battle with Australia’s Reserve Bank regarding Apple Pay

channelnews : RBA Set for Showdown With Apple

Apple is weighing a potential challenge to the Reserve Bank of Australia (RBA) as the central bank moves to crack down on the $1.2 billion Australians pay annually in credit and debit card surcharges. The RBA’s proposed reforms aim to curb excessive surcharging, with expectations that Apple Pay – despite Apple’s long-standing position that it...

Apple may face a battle with Australia’s Reserve Bank regarding Apple Pay

Apple may face a battle with Australia’s Reserve Bank over who gets to control access to a major gateway of the payments system. The post Apple may face a battle with Australia’s Reserve Bank regarding Apple Pay appeared first on Apple World Today.