Apple faces UK regulatory push to open iPhone contactless payment systems

business-standard.com · 2026-10-20

The UK's Competition and Markets Authority proposes requiring Apple to open its iPhone contactless technology to rival digital wallets at lower fees

TickrTrends take: Apple's regulatory pressure in the UK regarding contactless payment systems could create competitive opportunities for payment processors like PayPal, particularly if forced interoperability expands access to iPhone users. TickrTrends currently assesses PYPL as undervalued within the Financial Services sector, suggesting the market may not be fully pricing in potential benefits from shifts in mobile payment competition. Investors monitoring PYPL's valuation should track how regulatory outcomes in the UK and similar jurisdictions affect the competitive landscape for alternative payment solutions.

Read the full story at business-standard.com →