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Industry minister suggests Competition Bureau look at digital wallets

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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.

 

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