A few weeks ago we informed you of the complaint that the three main Australian banks had filed before the country's competition court to try to Apple opens the use of its NFC chip to third parties, at least in your country, since it limits free competition and also limits the use only to the applications that Apple wants. Last November Apple Pay arrived in Australia from American Express and since then none of the three main banks involved in this complaint have adopted this technology, which has greatly limited the use of this payment technology in the country. , limited only to American Express.
Finally and after several weeks, Apple has responded to the request of the competition court of the country in which it argues and justifies the reasons why it will never open the NFC payment chip to third parties. According to Apple the security measures when using the NFC chip to make payments are very high, measures that would be reduced in third-party applications that are not specifically designed following the security protocols that Apple uses in Apple Pay.
Leaving aside the technical reasons, Apple has taken advantage of the letter to criticize the little idea that banks have of how Apple Pay works and that they only see it as a threat that can reduce the income they obtain from paying with credit or debit cards. In addition, those of Cupertino affirm that the banks want to hinder the arrival of Apple Pay to the country while they prepare to launch their own services for which they need access to the use of the NFC chip.
In the end, those who are always harmed by these problems are the users, users who cannot add their cards to the Wallet application if it is from one of the three main Australian banks, which in part benefits American Express, which is gaining a large number of new customers who are eager to make use of Apple Pay to make your regular payments.