Apple warns of risks from German law to open up mobile payments

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Apple said on Friday moves in Germany to force it to open up its Apple Pay mobil...

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BERLIN - Apple said on Friday moves in Germany to force it to open up its Apple Pay mobile payments system to rivals could hurt data protection and the security of financial information.

A German parliamentary committee unexpectedly voted in a late-night session on Wednesday to force the tech giant to open up Apple Pay to rival providers in Germany. The legislation, which did not name Apple specifically, will force operators of electronic money infrastructure to offer access to rivals for a reasonable fee.Apple Pay, which lets people pay with their iPhones, is a fast growing area of the company’s business, one which threatens to undermine traditional banks’ long-standing dominance of retail payment systems.

A person close to the government coalition said Chancellor Angela Merkel’s office had pushed for the committee to withdraw the amendment.

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When was the last time Apple complained about something that wasn't good for the consumers?

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Does it refer to Apple pay's code or to the data collected? Should it be the data, which data? Do you have a link toward the German law?

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They also didn't want the FBI to open the phones of the known terrorists in San Bernardino California either. Apple also wanted to help the cops in Hong Kong

Erdoğan in US exposes YPG/PKK ringleader’s crimes In its more than 30-year terror campaign against Turkey, the PKK -- listed as a terrorist organization by Turkey, the U.S. and EU

How will Apple open it up, if Apple Pay requires the Secure Enclave processor?

搞笑~

The keyword is open. Always a word Apple has been allergic to.

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