Apple proposes opening up access to NFC to third-party companies in EU - Reuters

Will Samsung Pay appear on Apple smartphones? Most likely it won't happen, but a slight possibility still exists.

Here's What We Know

Apple Pay appeared in 2015, and only this application can use NFC in the iPhone. Such a step did not like third-party payment systems, in connection with which banks even wanted to declare a boycott of the American company.

For several years, the European Union has been concerned that Apple's restrictions could have a negative impact on competition and prevent other payment systems from entering the market. According to Reuters, the US company is willing to open up access to NFC to third-party companies to avoid potential penalties in the future.

In theory, after such a decision, Samsung Pay may appear on Apple smartphones. The probability of such an outcome is assessed as very low. The South Korean's payment service is not available even on Android devices.

Source: Reuters