Apple said on Friday moves in Germany to force it to open up its Apple Pay mobile payments system to rivals could hurt data protection and the security of financial information.
A German parliamentary committee unexpectedly voted in a late-night session on Wednesday to force the tech giant to open up Apple Pay to rival providers in Germany… The legislation, which did not name Apple specifically, will force operators of electronic money infrastructure to offer access to rivals for a reasonable fee.
“We are surprised at how suddenly this legislation was introduced,” Apple said on Friday. “We fear that the draft law could be harmful to user friendliness, data protection and the security of financial information.”
MacDailyNews Take: Hope you enjoyed Apple Pay while it lasted, Germany.
The most terrifying words in the English language are: I’m from the government and I’m here to help. — Ronald Reagan
Ditto for German.