Apple has won a major legal battle that had pitted it against some of Australia’s largest banks and will likely mean the tech giant can retain full control of the use of its payment technology in the country. The Australian Competition Consumer Commission (ACCC) announced on Friday that it had rejected a request by four of the country’s largest banks to negotiate with Apple over mobile payments.
The National Australia Bank, Westpac, Commonwealth Bank of Australia and Bendigo and Adelaide Bank had been trying to negotiate with Apple to allow iPhone users to make payments from their own integrated digital wallets instead of through Apple Pay, without paying Apple fees.
Source: Apple wins Australian court ruling against banks to retain Apple Pay control | The Independent
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