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Comment by shreddit

5 hours ago

There is already apple wallet where i can put any of my banking cards…

Not "any". The bank themselves need to partner with Apple Pay and presumably pay Apple the percentage cut from the article.

if apple wallet works on android and I have a choice, that's competititon

if apple wallet requires apple phone, and google wallet require android phone, that not competition.

competition is good. no competition should be regulated out of existence.