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      UK Proposes Changes to Enhance Competition in iPhone Contactless Payments

      The UK's competition watchdog has announced a consultation on proposals aimed at improving access to contactless payment technology on iPhones. This initiative seeks to create a more competitive environment for payment services by facilitating the entry of rivals to Apple Pay.

      The proposed changes include lowering fees associated with contactless payments and eliminating technical barriers that currently hinder other payment providers. By doing so, the UK aims to encourage innovation and enhance consumer choice in the mobile payments sector.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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