Report
NFC fees reportedly keep UK fintechs from launching Apple Wallet rivals
Neowin reports that British firms face strict tech restrictions and high fees, unlike European rivals such as PayPal and Klarna.
TLDR
Neowin reports that no UK fintechs have launched an Apple Wallet rival, citing NFC fees. It says strict tech restrictions and high fees block British firms from offering alternative wallet apps, unlike European rivals such as PayPal and Klarna.
Combined views
210
1 Source, first seen ago