Trending March 2024 # Apple Pay Lawsuit Filed By Firm That Won Ebook And Developer Antitrust Cases # Suggested April 2024 # Top 5 Popular

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A class action Apple Pay lawsuit has been filed by Hagens Berman, the law firm that previously won two high-profile antitrust cases against Apple.

The lawsuit accuses Apple of making a billion dollars a year in fees to card companies by forcing them to sign up for Apple Pay as the only way to let their customers make payments from iPhones and Apple Watches.

How Apple Pay works

Apple Pay, Google Pay, and Samsung Pay are all based on the same technology, known as EVM. The acronym isn’t particularly informative, as it just stands for the names of the three companies who developed the payment tech: Europay, Mastercard, and Visa.

When you present your phone or watch to a payment terminal, it doesn’t send your actual card number but instead a single-use token, valid only for that specific transaction. The token is passed wirelessly by the NFC (Near-Field Communication) chip in the phone.

What all the fuss is about

Google and Samsung allow any bank or card company’s app to use the NFC chip for their own mobile wallet apps. That means there is no cost to the card issuer.

Apple, in contrast, does not allow third-party mobile wallet apps to access the NFC chip in iPhones or Apple Watches. If a bank or finance company wants to offer mobile wallet services, it must sign-up for Apple Pay. All payments are then made through Apple’s own Wallet app.

For every Apple Pay transaction, Apple charges card companies a fee. For credit card transactions, it’s 0.15%; for debit cards, it’s half a cent. While these are individually small amounts, they add up. The lawsuit alleges that Apple makes a billion dollars a year from these fees and that forcing card companies to sign-up for Apple Pay is an antitrust violation.

The European Union has already reached a preliminary conclusion that Apple Pay is indeed anticompetitive, and a lawsuit has now been filed in the US.

Apple Pay lawsuit

Law firm Hagens Berman has filed the antitrust suit on behalf of one card issuer, Affinity Credit, but the lawyers are inviting all other card issuers with Apple Pay agreements to join a class action suit.

The lawsuit seeks to represent a class of U.S. credit unions and financial institutions that issue payment cards enabled for use in Apple Pay. The class action was filed in the U.S. District Court for the Northern District of California and accuses Apple of denying rivals access to the technology needed to develop a competing mobile wallet.

On iOS devices, Apple has ensured that only its mobile wallet, Apple Pay, can make contactless payments at the point of sale. Having secured a monopoly for Apple Pay in this fashion, Apple charges card issuers who use Apple Pay supracompetitive fees for a service that is available on Android devices for free, according to the lawsuit […]

“When you compare the functionality of Apple Pay to mobile wallets available on Android devices – Google Pay, Samsung Pay – you’re essentially holding up a mirror; they are essentially identical,” said Steve Berman, Hagens Berman co-founder and managing partner. “And yet, the same service on Android that card issuers pay absolutely nothing for costs them a collective $1 billion annually through Apple Pay.”

“The reason for this is simple,” Berman added. “There is competition on Android devices, with multiple wallets offering contactless payments, whereas Apple has barred all rivals, making Apple Pay the only option.”

The firm has a good track record in antitrust cases against Apple. It’s the company that won the long-running and high-profile ebook case against the iPhone maker. More recently, it achieved a $100M settlement for iOS developers over anticompetitive practices in the App Store.

The company now said it’s going for the hat trick.

“As a firm with a long history of antitrust successes, we’re no stranger to Apple’s monopolistic behavior,” Berman said. “We’re hoping for a hat-trick and we believe the economic evidence our team has amassed against Apple in this case is frankly undeniable. We look forward to fighting for this case.”

The lawsuit is seeking compensation for the fees charged to card companies and calling for the NFC chip to be opened up to third-party mobile wallet apps.

9to5Mac’s Take on the Apple Pay lawsuit

Apple claims that the reason only its own Wallet app is allowed to use the NFC chip for payments is security. This is not a claim it is likely to be able to defend because the security is provided by the EMV system, which was not developed by Apple and can be used by any card issuer.

Additionally, Apple could, if it wished, still oblige card companies to sign up to Apple Pay without charging any fees in the same way that Google Pay and Samsung Pay do. It’s clear that Apple’s motivation for its current policy is financial, with the fees expected to add up to $4 billion a year by 2023.

There is no direct claim on behalf of consumers: Apple Pay terms and conditions forbid companies from passing on the fee to cardholders. However, all costs have to be recouped somehow, so ultimately consumers pay for all the fees involved through higher card fees or interest rates.

It should be noted that, even if Apple were forced to open up the NFC chip to third-party companies (i.e., card issuers), iPhone owners would still have the option of storing all their cards in the Wallet app, and it’s likely that most would do so for the convenience of having everything in one place.

Apple has a track record of fighting hard against all antitrust lawsuits and rulings, but in this one, it is up against the same firm that has twice won against the company – a judgment in the ebook case, and a settlement in the App Store one. With the European Union also finding Apple Pay terms to be in breach of antitrust regulations, this is going to be an interesting fight.

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Gocrypto Widens Mainstream Reach And Usability By Integrating Binance Pay

GoCrypto, a solution allowing merchants to accept, store, withdraw and buy cryptocurrencies, announced the integration of Binance Pay into the GoCrypto system giving crypto adopters more options to use crypto as the mainstream means of payment as they are intended to be. 

The GoCrypto solution, developed by Elly – a fully regulated company, is currently available in 64 countries and is expanding to new markets as regulations evolve and allow. GoCrypto enables online and brick-and-mortar merchants to accept instant payments with various crypto wallets. 

The integration of Binance Pay into the GoCrypto payment network enables tens of millions of Binance app users to use 40+ Binance Pay-supported cryptocurrencies at thousands of GoCrypto locations around the world. Elly, the GoCrypto developer, also presented the multichain bridge for its native GoC token, which enables migrations between the SLP protocol on the Bitcoin Cash blockchain and Binance Smart Chain (BSC). 

Contactless. Borderless. Secure.

GoCrypto has already made its home country, Slovenia, the global leader in the number of brick-and-mortar shops and services accepting payments with crypto wallets, showing that it can benefit the retail space and the customer experience tremendously. 

As Elly’s CEO Dejan Roljic states:

“The interest in crypto use is growing daily, and our solution enables crypto adopters to use the currencies as they were intended – as a highly practical means of payment. The connection between our system and the users of Binance will bring crypto usability and adaptability further along. The integration of Binance Pay into the GoCrypto network means instant accessibility of GoCrypto locations to tens of millions of Binance users, and so much more. It is a strong sign of the digital era. Newer, better and faster payment options optimise the merchants’ costs and enhance their cash-flow.”

“The ultimate goal of cryptocurrencies is to provide not just an alternative asset class for investors but to provide alternatives to fiat currencies for everyday purchases. In partnering with GoCrypto, Binance Pay takes a step forwards in helping to bridge the gap between conventional financial systems and the crypto ecosystem making crypto adoption for payments significantly easier.”

About Binance

Binance is the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider with a financial product suite that includes the largest digital asset exchange by volume.

About Binance Pay

Binance Pay is a contactless, borderless and secure user-to-user cryptocurrency payment feature on the Binance App with more than 40 cryptocurrencies supported.

Binance Pay allows users to pay, send and receive crypto payments around the world without incurring any fees. Binance Pay also allows merchant-based transactions, letting users and merchants to choose their preferred payment options.

GoCrypto, the world’s fastest-growing crypto payment network

GoCrypto operates as a global payment scheme connecting crypto users, wallets, exchanges, cash register systems, payment solution providers, and merchants.

It enables merchants with brick-and-mortar or online stores to accept instant crypto payments from different crypto wallets with millions of users and to receive a settlement in their local fiat or crypto. GoCrypto is available as a stand-alone solution for online and brick-and-mortar stores, or as a solution within the Elly POS terminal. 

About GoCrypto token

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Using Apple Pay: How To Avoid Scams And Dispute Charges

Apple Pay allows users to make payments using iPhone, iPad, Apple Watch or Mac without using a physical payment method such as a credit card or cash. Apple Pay can be used to buy things in stores, in apps, online using Safari and for transit. Apple Pay can also be used to transfer money to another person through the Messages app. In this article we will discuss Apple Pay security issues: how to avoid scams, what to do if you have been scammed, and how to dispute a charge.

See also: Apple Pay Not Working? Fix

If you have never used Apple Pay, it is pretty easy to set up by adding a credit or debit card to your Wallet. You’ll just need to open the Wallet app, tap the plus sign, then follow the instructions to add your card. Apple Pay is accepted at many stores and restaurants, and for the stores that don’t accept Apple Pay (like Walmart), there are still ways to pay if you have an Apple Card. It makes it easy to pay with your iPhone (or Apple Watch.) No more digging out a card – or embarrassment if you forgot your wallet.

See also: iOS 14 Text Notification Not Working, Fix

In addition to paying for things at retail stores, Apple Pay provides users with the ability to transfer money to another individual. This convenient feature makes it so a person no longer needs to write a check or pay with cash when they want to send money to someone or make a payment to an individual. This allows people to avoid unnecessary trips to the bank, but like with other person-to-person money transfer services, it could be used by scammers trying to trick you into sending them money. Fortunately, with a little care, it shouldn’t be too difficult to avoid these scams.

See also: Watch App Crashing on iPhone, Fix

How to Avoid Scams

Apple Pay is one of many methods that people can use to send or receive money. All of these methods are vulnerable to scam attempts, however, there are precautions you can take to protect yourself and avoid being scammed.

Review Payment Information Carefully

Make sure you are sending to the correct person, and also that you are sending the correct amount.

If there is a mistake with either the recipient or the amount of money, you can first simply ask to have your payment returned to you. You may also try to cancel your payment – see below.

See also: This Password has Appeared in a Data Leak: Security Recommendations on iPhone

How to Cancel or Dispute a Payment

If you have a payment you need to cancel.

In the Messages app, open the conversation with the payment you need to cancel. Tap on the payment.

The Wallet app should have opened after you tapped the payment. Find your payment under Latest Transactions and tap it.

If the option is available, tap Cancel Payment.

If you could not cancel the payment, that means the recipient has already accepted the payment. You can try asking the person if they will return your payment.

If you are unable to cancel your payment and if the recipient does not return your payment, you may contact Apple to dispute the charge.

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Top 10 Programming Languages That Pay Handsome Salaries In 2023

Programmers are one of the highly-paid professionals in the world.

Pursuing in programming languages has become one of the most career choices among tech professionals. Today, the demand and use of programming languages is showing a quite upward trend, making it a possible career option. To get started in this evolving field, choosing the right

Scala

Global Medium Salary: US$76,000 Scala, a general-purpose, high-level, multi-paradigm programming language, combines the flexibility of Java-type interfaces with the power of classes. It can alter to bytecodes and run on the Java Virtual Machine (JVM). There is no concept of primitive data as everything is an object in Scala. It is aimed at expressing the general programming patterns in a refined, succinct, and type-safe way. Scala has many reasons for being popular among programmers, including easy to start, comprehensive features, close integration with Java, and others.  

Go

Global Medium Salary: US$72,691 Go, also referred to as Golang, is an open-source programming language developed by Google to make it easy to build simple, reliable, and efficient software. This programming language can be used in application development, web development, and in operations and infrastructure teams, and much more. It is the language of Cloud Native infrastructure and software development. When it comes to its drawbacks, Go does not encompass a library for GUIs, which are the most common ways that end-users interact with any device that has a screen.  

Objective-C

Global Medium Salary: US$66,697 Objective-C is a superset of the C programming language and provides object-oriented capabilities and a dynamic runtime. It inherits the syntax, primitive types, and flow control statements of C and adds syntax for defining classes and methods. As it is based upon the C language, Objective-C can combine blocks of C code as well as C++, making it very versatile for application development. It is based upon the concept of code representing real-life objects.  

Swift

Global Medium Salary: US$65,171 Swift language is the result of the latest research on programming languages and is developed using a modern approach to safety, software design patterns by Apple. Introduced at Apple’s 2014 WWDC with version Swift 1.0, Swift was developed by ‘Chris Lattner’ with the purpose to resolve difficulties existed in Objective C. Swift language does not compromise either on performance or development speed, while it itself is optimized for development at a lightning-fast speed.  

Pascal

Global Medium Salary: US$62,773 As a computer programming language, Pascal was developed for teaching programming as a systematic discipline and to develop reliable and efficient programs. It is an Algol-based language and encompasses several constructs of Algol. Pascal offers numerous data types and programming structures, which makes it easy to understand and maintain Pascal programs.  

R

Global Medium Salary: US$61,629 R language is typically used by statisticians, data analysts, researchers and marketers to recuperate, clean, assess, visualize and present data. It is an open-source and free programming language created by the University of Auckland’s statistician Ross Ihaka and Robert Gentleman. Based on their names of the first character, R is freely available under the GNU General Public License, and pre-compiled binary versions are provided for various operating systems like Linux, Windows and Mac.  

Python

Global Medium Salary: US$56,670

JavaScript

Global Medium Salary: US$55,690 JavaScript is a must-have programming language for students and working professionals to become a promising Software Engineer especially when they are working in the Web Development domain. When fused with chúng tôi programmers can use JavaScript to generate web content on the server before a page is sent to the browser, which can be used to develop games and communication applications that run directly in the browser. Its applications, such as client-side validation, manipulating HTML page, dynamic pop-ups, back-end data loading and presentations, make Javascript one of the most widely used programming languages.  

C++

Global Medium Salary: US$55,363 As a multi-paradigm language, C++ supports at least seven different styles of programming. It was developed as an enhancement of the C language to include object-oriented paradigm and can be used to develop games, desktop apps, operating systems, and so on. C++ allows programmers and developers to divide complex problems into smaller pieces by using objects. C++ has its own rich library support as well as 3rd party libraries, e.g. Boost libraries, for fast and rapid development.  

Kotlin

Global Medium Salary: US$54,000

Pursuing in programming languages has become one of the most career choices among tech professionals. Today, the demand and use of programming languages is showing a quite upward trend, making it a possible career option. To get started in this evolving field, choosing the right programming language will give aspirants an edge over others. They must try to learn the languages that are hot and popular in the market and make themselves more pertinent to potential employers. Undoubtedly, programmers and developers in the world are among the highly-paid tech professionals, making the field more competitive. While it is worth choosing a career as a programmer, here are the top 10 programming languages that pay the highest salaries in 2023.Global Medium Salary: US$76,000 Scala, a general-purpose, high-level, multi-paradigm programming language, combines the flexibility of Java-type interfaces with the power of classes. It can alter to bytecodes and run on the Java Virtual Machine (JVM). There is no concept of primitive data as everything is an object in Scala. It is aimed at expressing the general programming patterns in a refined, succinct, and type-safe way. Scala has many reasons for being popular among programmers, including easy to start, comprehensive features, close integration with Java, and others.Global Medium Salary: US$72,691 Go, also referred to as Golang, is an open-source programming language developed by Google to make it easy to build simple, reliable, and efficient software. This programming language can be used in application development, web development, and in operations and infrastructure teams, and much more. It is the language of Cloud Native infrastructure and software development. When it comes to its drawbacks, Go does not encompass a library for GUIs, which are the most common ways that end-users interact with any device that has a screen.Global Medium Salary: US$66,697 Objective-C is a superset of the C programming language and provides object-oriented capabilities and a dynamic runtime. It inherits the syntax, primitive types, and flow control statements of C and adds syntax for defining classes and methods. As it is based upon the C language, Objective-C can combine blocks of C code as well as C++, making it very versatile for application development. It is based upon the concept of code representing real-life objects.Global Medium Salary: US$65,171 Swift language is the result of the latest research on programming languages and is developed using a modern approach to safety, software design patterns by Apple. Introduced at Apple’s 2014 WWDC with version Swift 1.0, Swift was developed by ‘Chris Lattner’ with the purpose to resolve difficulties existed in Objective C. Swift language does not compromise either on performance or development speed, while it itself is optimized for development at a lightning-fast speed.Global Medium Salary: US$62,773 As a computer programming language, Pascal was developed for teaching programming as a systematic discipline and to develop reliable and efficient programs. It is an Algol-based language and encompasses several constructs of Algol. Pascal offers numerous data types and programming structures, which makes it easy to understand and maintain Pascal programs.Global Medium Salary: US$61,629 R language is typically used by statisticians, data analysts, researchers and marketers to recuperate, clean, assess, visualize and present data. It is an open-source and free programming language created by the University of Auckland’s statistician Ross Ihaka and Robert Gentleman. Based on their names of the first character, R is freely available under the GNU General Public License, and pre-compiled binary versions are provided for various operating systems like Linux, Windows and Mac.Global Medium Salary: US$56,670 Python is one of the most popular programming languages in the world. As an interpreted, interactive and object-oriented scripting language, Python uses English keywords repeatedly as opposed to other languages that use punctuation, making it highly readable. It provides a better structure and support for large programs than shell scripting as well as supports GUI applications that can be created and ported to many system calls, libraries and windows systems.Global Medium Salary: US$55,690 JavaScript is a must-have programming language for students and working professionals to become a promising Software Engineer especially when they are working in the Web Development domain. When fused with chúng tôi programmers can use JavaScript to generate web content on the server before a page is sent to the browser, which can be used to develop games and communication applications that run directly in the browser. Its applications, such as client-side validation, manipulating HTML page, dynamic pop-ups, back-end data loading and presentations, make Javascript one of the most widely used programming languages.Global Medium Salary: US$55,363 As a multi-paradigm language, C++ supports at least seven different styles of programming. It was developed as an enhancement of the C language to include object-oriented paradigm and can be used to develop games, desktop apps, operating systems, and so on. C++ allows programmers and developers to divide complex problems into smaller pieces by using objects. C++ has its own rich library support as well as 3rd party libraries, e.g. Boost libraries, for fast and rapid development.Global Medium Salary: US$54,000 Kotlin, a statically typed, general-purpose programming language, is an object-oriented language, and fully interoperable with Java code as it runs on JVM. Its data classes feature lead to auto-generation of boilerplate like equals, hashCode, toString, getters/setters and much more. In 2023, Google announced Kotlin as an official language for android development.

After Blocking Apple Pay & Google Wallet, Currentc Hacked

Apple Inc. Chief Executive Tim Cook announced over a million credit cards activated on Apple Pay within 72 hours of its October 20 debut. Cook happily proclaimed that Apple’s new Pay product was seeing quick adoption. This was very exciting, because NFC payments have been trying to get traction for the last three years.

But soon after, several Apple Pay users discovered that they would not in fact be able to utilize the NFC chips already installed at several of their favorite retailers (Rite Aid, CVS, Wal-Mart, Target, 7-11, Best Buy, The Gap – all of the companies in the MCX family.)

By disabling the NFC readers, these stores also effectively shut down any Google Wallet transactions. The checkout processes were programmed to display a prompt to customers asking them to utilize a different form of payment. Many payments that had already been processed ended up being denied as well. The reason for this? According to internal company memos, the directive issued was as follows:

“Please note that we do not accept Apple Pay at this time. However we are currently working with a group of large retailers to develop a mobile wallet that allows for mobile payments attached to credit cards and bank accounts directly from a smart phone. We expect to have this feature available in the first half of 2024.

If customers attempt to pay for a transaction with Apple Pay, a message will prompt both customer and cashier for a different form of payment. Please instruct cashiers to apologize to the customer and explain that we do not currently accept Apple Pay, but will have our own mobile wallet next year.”

This “mobile wallet” referred to in the internal memo was said to be CurrentC – which would not even be available until 2024. All these years that NFC has been available, and the MCX family couldn’t get a process right – nor could they simply allow the payment form that many of their customers were excited to use.

Why? Many reports point to the fact that the transaction fees incurred to the retail would be lower, and the collection of data for customers would be easier. In other words, no consumer-facing benefit to the denial of Apple or Google NFC payments. Reportedly, the MCX sign-up process for their internal payment system would include gathering social security and drivers license numbers.

So, the news today that within the last 36 hours, the CurrentC system was hacked is not comforting to potential customers who may have intended to sign up and hand over their very personal data. The data breach was reportedly limited to the theft of email addresses, and it appears that only the emails of app testers were accessed.

The message sent to those impacted was as follows:

“Thank you for your interest in CurrentC. You are receiving this message because you are either a participant in our pilot program or requested information about CurrentC. Within the last 36 hours, we learned that unauthorized third parties obtained the e-mail addresses of some of you. Based on investigations conducted by MCX security personnel, only these e-mail addresses were involved and no other information.”

MCX, the developer of the CurrentC app, released a statement assuring the public that “MCX is continuing to investigate this situation and will provide updates as necessary.”

Apple Pay Later Hits Us In Prerelease Mode, Requires An Invitation

The new pay-later service from Apple allows you to split purchases into four payments spread over six weeks with no interest and no fees.

What’s happening? After months of delays, Apple has debuted a prerelease version of the Apple Pay Later feature ahead of a wider launch.

Why care? Apple Pay Later allows you to split purchases into four payments spread over six weeks with no interest or fees.

What to do? Accept Apple’s invitation if it hits your inbox.

A prerelease version of Apple Pay Later debuts in the US

On March 28, 2023, Apple began sending email invites to randomly selected users to use a prerelease version of Apple Pay Later through their Apple ID. The feature is available for online and in-app purchases on the iPhone running iOS 16.4 or later and the iPad with iPadOS 16.4 or later (Macs are unsupported).

The company will eventually offer Apple Pay Later to all eligible users “in the coming months,” according to the announcement published in the Apple Newsroom.

Apple Pay Later will automatically appear on your device as an option during checkout online and in apps. Goldman Sachs is the official issuer of the Mastercard payment credential used to complete Apple Pay Later purchases.

How does Apple Pay Later work?

$50-$1,000 loans are available for online and in-app purchases via Apple Pay. You can apply for a loan within the Wallet app without impacting your credit.

You’ll need to link a debit card from the Wallet app to use as your loan repayment method for Apple Pay Later. Apple doesn’t want you to bite more than you can chew, so it won’t let you link a credit card to use for Apple Pay Later.

“A soft credit pull will be done during the application process to help ensure the user is in a good financial position before taking on the loan,” Apple notes. Once approved, you can apply for a loan directly in the checkout flow.

The Wallet app will nudge you about upcoming payments. You’ll also receive email alerts in case you’ve ignored that important Wallet notification.

Managing loans in the Wallet app

You can manage your loans in the Wallet app, including:

See the total amount due for all of your existing loans

See the total amount due in the next 30 days

See all upcoming payments on a calendar view

Apple Pay Later: The FAQ Where is Apple Pay Later available?

Apple Pay Later is currently limited to the United States. Apple hasn’t said when the feature might expand to other countries. Visit Apple’s iOS Feature Availability webpage occasionally to see if the feature has expanded to additional countries.

Who’s eligible for Apple Pay Later?

Apple will determine who’s eligible for Apple Pay Later in the prerelease phase. The company plans to offer the feature to all eligible users in the coming months. Apple’s support document provides further information about the service, including how to apply for an Apple Pay Later loan and make a purchase.

What are the system requirements for Apple Pay Later?

The Apple Pay Later feature is compatible with the iPhone running iOS 16.4 or later and the iPad with iPadOS 16.4. Macs currently don’t support Apple Pay Later.

What does Apple Financing LLC do?

Apple Pay Later is a cooperation between the Mastercard Installments program and Apple Financing LLC, Apple’s subsidiary for credit assessment and lending.

Do US credit bureaus know about your Apple Pay Later loans?

Starting this fall, Apple Financing will report Apple Pay Later loans to US credit bureaus so they are reflected in people’s overall financial profiles. This will “help promote responsible lending for both the lender and the borrower,” says Apple.

How can merchants offer Apple Pay Later?

Merchants that already work with Apple Pay don’t need to do anything to start accepting Apple Pay Later transactions. However, as Apple states, “some merchants may not be eligible to offer Apple Pay Later.”

Apple Pay and Wallet tutorials

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