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We need to makes sure digital wallets can access the same functionality as that accessed by Apple and Google in their iOS and Android device OS respectively. 

I think some of the commentary in here shows a lack of understand of privacy and the challenges. It also shows a lack of understanding on how you can deliver trust without compromising on privacy. It's a grave concern that we still do not understand the importance of digital privacy, without it we are all exposed to a host of issues.

I think all of us in FinTech has known for years that Apple creates a monopoly by limiting what fucntionality third party apps can use while delivering its own solutions. Wallets is a prime example, and its been going on since Apple first introduced NFC capabilities into its SmartPhones.

The broader issue here is Banks themeselves are getting overcharged to deliver Apple and to an extent Google Pay - if the phones allowed competition, then banks would support those apps that delivered the best experiences at the right price points for them. With choice, I would be using a third party wallet and not Apple or Google pay thats for sure