Australia to amend law to regulate digital payments like Apple, Google Pay

Australia to amend law to regulate digital payments like Apple, Google Pay

A smartphone with the Apple Pay logo is placed on a displayed Google Pay logo in this illustration taken on July 14, 2021. REUTERS/Dado Ruvic/Illustration/File Photo

Australia‘s government said on Monday it would bring Apple Pay, Google Pay and other digital payment services under the same regulatory umbrella as credit cards and other payments as part of legislation set to be introduced to parliament this week.