Ben 4 Australian banks want to boycott Apple Pay


Four of the largest Australian banks have informed the ACCC (Australian Competition and Consumer Commission) to boycott Apple and the Apple Pay payment system.

banks Bendigo and Adelaide Bank, Commonwealth Bank of Australia, National Australia Bank and Westpac argue that Apple’s system is “ uncompromising, closed and controlled ” In a 137-page document, and Therefore does not intend to support Apple Pay . According to the banks, the fact that the NFC chip on iPhone is not open obliges banks to provide new terminals to support Apple Pay: “ But the current infrastructure was paid by Australian banks and traders for the benefit of all citizens “.

According to Apple, on the other hand, banks are only making sign to get higher commissions on each Apple Pay transition.


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