1. Apple's Regulatory Hurdles in Europe
2. Apple Opens Door to iPhone NFC
3. SoftNote Pay: The Future of Transactions

Apple has announced the unlocking of iPhone NFC chips for third-party apps, which could transform the payment solutions market.

Apple's Regulatory Hurdles in Europe

Earlier this year, EU regulators forced Apple to reassess its policies in Europe. This was due to an antitrust investigation launched by the European Commission four years ago. Apple was accused of violating EU law by limiting market competition. In response, Apple offered to allow developers in the European Economic Area to enable NFC contactless payments within their iOS apps, separate from Apple Pay and Apple Wallet.

Apple Opens Door to iPhone NFC

Developers will now be able to offer NFC contactless transactions using the Secure Element within their own apps on iPhone. This feature will be available with the iOS 18.1 update. Apple assures that security and privacy will remain a priority. However, to integrate this option, developers need to enter a commercial agreement with Apple and pay the associated fees.

SoftNote Pay: The Future of Transactions

SoftNote Wallet, developed by CrispMind, offers innovative crypto transactions. With Apple's upcoming NFC feature on the iPhone, users will be able to easily make crypto payments. SoftNote Pay will be globally available, offering low transaction fees and fast processing. SoftNote Wallet already supports Bitcoin, Ethereum, Tether USD, and more, with plans for integrating new tokens.

Apple's decision to open NFC to third-party developers may significantly increase payment options for users and create new opportunities for developers.