Amazon Cash is targeted at an entirely different market from the other digital pay services offered by technology companies and what remained to be seen was whether it could attract any additional market share by streamlining this process, a senior official of an American payment processing company says.
The Australian Consumer and Competition Commission has denied four Australian banks permission to collectively bargain with Apple and collectively boycott Apple Pay.
A group of Australian banks, which have applied to the Australian Competition and Consumer Commission for leave to jointly talk to Apple about gaining access to Apple Pay and the near field communication (NFC) on iPhones, have modified their demands, stating that they only want open access to the NFC function.
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