Apple settles with EU to allow NFC access for third-party payment platforms in 27 member countries for 10 years, averting fines.
Tech company's tap-to-pay function with NFC remains limited to Apple Pay in other markets despite new settlement terms.
EU's Digital Markets Act timeline may clash with settlement terms, as formal agreement to be finalized soon.
Upon settlement, banks and platforms can introduce their payment apps without users entering card details into Apple Wallet.
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