U.S. court lets banks pursue class action against Apple over historical Apple Pay fees

A U.S. federal judge has allowed banks to move forward as a single class in a lawsuit against Apple over historical fees tied to Apple Pay access. The case centers on payments banks made over the past several years to use Apple’s mobile wallet service, with plaintiffs arguing that the charges may amount to anti-competitive conduct. Apple had argued that each transaction should be handled separately, but the court rejected that position. The ruling clears the way for the case to proceed more efficiently under one class rather than through individual claims. The lawsuit now moves into discovery, where the parties will focus on whether Apple abused its dominant position in the mobile payments market. The item was cited by Techub, which referenced Finextra’s crypto channel as the source.