OTTAWA — Industry Minister François-Philippe Champagne says the issue of competition in the big tech-dominated digital wallet market should be on the...
OTTAWA — Industry Minister François-Philippe Champagne says the issue of competition in the big tech-dominated digital wallet market should be on the Competition Bureau 's radar.
Mobile wallets rely on near-field communication, or NFC, which uses a chip to wirelessly communicate with a merchant’s payment terminal.The EU said Apple Pay is the biggest NFC-based mobile wallet on the market, and accused the company of denying others access. They said Apple Pay, Google Pay and PayPal are the most widespread systems, and called digital wallets, which are likely now used by more than half of UK adults, “an increasingly important touchpoint between big tech firms and UK consumers.”
Digital Wallet Apple Pay Apple Champagne European Union
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Competition Bureau to speed development of guidance on new greenwashing rulesGATINEAU, Que. — The Competition Bureau says it will speed the development of guidance on the interpretation of new provisions in the Competition Act aimed at greenwashing.
Read more »
Competition Bureau to speed development of guidance on new greenwashing rulesGATINEAU, Que. — The Competition Bureau says it will speed the development of guidance on the interpretation of new provisions in the Competition Act aimed...
Read more »
Competition Bureau to speed development of guidance on new greenwashing rulesThe Competition Bureau says it will speed the development of guidance on the interpretation of new provisions in the Competition Act aimed at greenwashing.
Read more »
Competition Bureau's airline study won't lead to 'radical changes': AnalystThe watchdog announced last month that it will conduct a market study of airline competition in Canada.
Read more »
Ottawa police looking to locate missing woman, 47, in Ottawa's west-endThe Ottawa Police service (OPS) is asking the public for help in locating a missing woman, 47, who was last seen earlier this month in the Pinecrest and Carling area.
Read more »
Ottawa’s fish-farm transition plan could sink industry if mishandled, businesses sayIndustry awaits federal government renewal decision as 66 B.C. salmon farm licences expire this month
Read more »