Payment Expert Podcast: Will UK iPhone users get an Apple Pay rival?

The Payment Expert Podcast examined the CMA’s proposals to open iPhone contactless technology to rival wallets, why Apple’s existing UK access has drawn no competitors, and what wider access could mean for pay by bank and digital ID. The Competition and Markets Authority (CMA) set out proposals on 20 October that would require Apple to give rival firms access to the iPhone ‘s near field communication (NFC) technology. The company offers UK developers only secure element (SE) access, which keeps payment data on a chip inside the phone, and the CMA wants it to also offer host card emulation (HCE)…