Switzerland says Apple pledges to fix disruptions to rival payment app

An digital screen displays the Apple Inc. emblem on the exterior of the Nasdaq Current market Web site following the near of the day’s buying and selling session in New York City, New York, U.S., August 2, 2018. REUTERS/Mike Segar

ZURICH (Reuters) – Switzerland’s competition fee (WEKO) on Tuesday reported Apple Inc has agreed to make a technical correct to avoid the automated launch of its Apple Pay back from disrupting rival Swiss payment application TWINT.

“Apple has dedicated to provide TWINT with the complex capability to suppress the automatic start of Apple Spend through the payment method with the TWINT application,” WEKO said, including it was ending a preliminary probe from Apple subsequent the pact.

In a individual situation, WEKO is investigating Swiss money firms together with Credit Suisse and UBS about a suspected boycott of mobile payment remedies these kinds of as Apple Pay and Samsung Spend.

Reporting by John Miller Editing by Maria Sheahan

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