Apple Pay will get same regulatory oversight as credit cards in Australia

In legislation heading to parliament within days, Australia intends to make Apple Pay and other digital payment platforms deal with the same level of regulatory oversight as credit cards.Apple Pay on an Apple WatchAustralia has attempted to try and regulate digital wallet apps and payment platforms like Apple Pay, Google Pay, and others for some time. On Wednesday, new legislation will be introduced to the country's parliament, in a bid to change laws and affect how the apps and services are regulated. Read more...