importantSYS.SOURCE: MacRumors• 2026-09-26T15:48:18Z

Antitrust Lawsuit Against Apple Over Apple Pay Fees Advances as Banks Unite

#antitrust #apple pay #fees #monopoly #nfc

An antitrust lawsuit against Apple for allegedly monopolizing mobile wallet payments through Apple Pay fees has advanced, with banks and credit unions allowed to sue collectively. The case claims Apple charges merchants up to $1 billion annually by restricting NFC access, contrasting with Android's open payment ecosystem.

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