Thousands of banks can now sue over Apple Pay fees in one antitrust case
AI Summary
banks and credit unions can pursue their Apple Pay fee claims together after a federal judge certified their antitrust lawsuit as a class action. Using Apple Pay at a payment terminal The financial institutions accuse Apple of blocking competing tap-to-pay wallets on iPhone while charging card issuers fees for transactions. They argue Apple could impose those fees because rival wallets couldn't compete for contactless payments on the iPhone.
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