Apple loses further ground in battle to open NFC app to 3rd parties

0
3040
An Near Field Communication icon
Apple loses further ground in battle to open NFC app to 3rd parties

Moving beyond the now well document spat in Australia, a group of South Korean companies have taken take action against Apple to push the technology provider into opening up the NFC application within its iPhone handsets.

Recently, Australian banks have teamed up to collectively negotiate with Apple to

An Near Field Communication icon
Apple loses further ground in battle to open NFC app to 3rd parties

install their own electronic payments applications on iPhones, though Apple has unveiled that it does not want to share its Apple Pay wireless payment technology.

Korea NFC, Kona I, Cashbee and Interpay held a meeting at the beginning of September 2016, and are working on submitting a request to the Korea Fair Trade Commission. The reason behind their request is that Apple’s policy not to open its closed API denies them NFC-based fintech business opportunities such as mobile payment, transportation cards and user identification.

After the commission reviews their request, the companies plan to hold another meeting by the end of September 2016. Reports emerged that Apple was facing hurdles in launching Apple Pay in Korea in July 2015.