Apple Pay Antitrust Pressure Grows As Covid Boosts Usage
Apple Pay antitrust pressure is growing as the coronavirus crisis has boosted the popularity of contactless payment in general, and Apple’s mobile wallet service in particular. Contactless cards have a relatively low limit, above which the card needs to be inserted into the terminal and a PIN used. Apple Pay, in contrast, qualifies for very much higher limits or no limits at all, allowing contactless payment for even major purchases …...