Industry minister suggests Competition Bureau look at digital wallets

  • 📰 PGCitizen
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

OTTAWA — Industry Minister François-Philippe Champagne says the issue of competition in the big tech-dominated digital wallet market should be on the Competition Bureau's radar.

OTTAWA — Industry Minister François-Philippe Champagne says the issue of competition in the big tech-dominated digital wallet market should be on the Competition Bureau's radar.

In a deal approved last week, the European Union accepted a promise by Apple to open its"tap to pay" iPhone payment system to rivals, ending an EU anti-trust case. The EU said Apple Pay is the biggest NFC-based mobile wallet on the market, and accused the company of denying others access. British regulators said Monday they would look at digital wallets, including whether they raise any competition and consumer issues.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 65. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Industry minister suggests Competition Bureau look at digital walletsOTTAWA — Industry Minister François-Philippe Champagne says the issue of competition in the big tech-dominated digital wallet market should be on the...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »