Apple in a Standoff with Australia’s Banks Over Apple Pay

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Apple and Australia banks are fighting over Apple Pay and NFC terms

Don’t count on Apple Pay coming to most of Australia any time soon because the ongoing fight between Apple and the banks is only getting worse. Apple is calling Australia’s banks a cartel looking to squeeze more money out of customers, and the banks say Apple is trying to kill competition. Both sides are digging in their heels, and it doesn’t look like they’re interested in finding a compromise.