The official regulatory battle for Smartphone payment apps goes in for another round. The competition Commission (Comco) has wrested the iPhone-maker Apple a concession in the fight for sovereignty when Paying by Smartphone. The operator of the Payment App Twint have to now press the ability to the automatic activation of Apple Pay during the payment process.
Apple have committed themselves to the competition Commission the Twint-to give competitors the technical possibility of automatic Start of Apple Pay during the duration of the payment process with the Twint App, shared with the competition authorities on Tuesday. According to the competition Commission during the Pay Twint at the Terminal, the risk that Apple Pay will open automatically and the payment process is interrupted.
Payment cancellation for Twint
"If, when scanning the Twint-code, the Smartphone was held close to the Terminal, it came to crashes of the payment process," said Comco-Director, Patrik Ducrey, at the request of the news Agency AWP. Payments by Twint, by using the mobile phone a QR-Code from the Display of the payment terminal scans.
Due to the successful commitment of Apple had been set in addition, the Preliminary investigation against the tech group on the part of the Comco, it means more. In the case of the Preliminary investigation, it came to the technical before the division for payment transactions with Apple Pay. Still not the end of investigations against Twint are completed, however, more yourself, in which Swiss financial institutions are involved.
In November, announced the authority that an investigation against Swiss financial institutions. This also includes house searches were carried out. The investigations should show whether the Twint co-operating banks may have boycotted the payment function Apple Pay and Samsung Pay. The competition Commission is investigating the role of the big banks, UBS and Credit Suisse, Postfinance, as well as the credit Card Issuer swisscard and Aduno.
Created: 18.12.2018, 08:51 PM