Crypto.com Announces Collaboration With Apple Amid Lawsuit

Crypto.com collaborates with Apple pay amid lawsuit

Crypto.com has announced a new venture with Apple Pay.

[{"selector":"#anim-3d92fafa-d0a6-42e5-88c1-d42644fbc652","keyframes":{"opacity":[0,1]},"delay":0,"duration":1800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f76e12d9-f414-4959-92a0-dc9674906996","keyframes":{"transform":["translate3d(-93.04933%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-889deb3e-8cf2-443d-87c0-273b82062bb1","keyframes":{"opacity":[0,1]},"delay":0,"duration":1880,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5f074c4a-7a25-4e81-9d7c-d8789dc007f2","keyframes":{"transform":["translate3d(115.94685%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1880,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

The exchange has decided to make its Visa cards available on Apple pay in Australia.

[{"selector":"#anim-7ac52cef-7134-4a87-aed5-ccab14859835","keyframes":{"opacity":[0,1]},"delay":0,"duration":1800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0c466d8e-6877-4ebb-b17f-99d323752794","keyframes":{"transform":["translate3d(-90.51383%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

However, amid this announcement a lawsuit against Apple pay has also been filed.

[{"selector":"#anim-e1f4cc5b-8b6a-418b-ab74-c958604a5288","keyframes":{"opacity":[0,1]},"delay":0,"duration":1800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f1093d46-ef2e-49f9-9a1a-aa5501967183","keyframes":{"transform":["translate3d(-92.41803%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Apple has been sued for antitrust violations over Apple Pay

[{"selector":"#anim-a3705844-2051-4f11-bb2d-4abddef3d199","keyframes":{"opacity":[0,1]},"delay":0,"duration":1800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-76c78c41-3700-444e-8853-51c1e34bc129","keyframes":{"transform":["translate3d(-92.62295%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-546a951c-7fdd-470f-883a-0d81bb511d6e [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(40.86538461717988%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}]

The plaintiff said Apple’s anticompetitive conduct forces more than 4,000 banks and credit unions that use Apple Pay to pay at least $1 billion of excess fees annually for the privilege.

[{"selector":"#anim-7915fe06-10d8-49bb-87fc-2c97e019c8d6","keyframes":{"opacity":[0,1]},"delay":0,"duration":1800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d2947208-d93a-4715-b1d4-6a7d2287ecfa","keyframes":{"transform":["translate3d(-92.82787%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Last August, they helped obtain a $100 million settlement for smaller iOS developers that claimed Apple overcharged them on commissions.

[{"selector":"#anim-b974be10-20b5-4043-a209-4dfdf9c19863","keyframes":{"opacity":[0,1]},"delay":0,"duration":1800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1739942b-b665-4b48-9400-97dfbe927ac5","keyframes":{"transform":["translate3d(-95.90164%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

The lawsuit seeks unspecified triple damages and a halt to Apple's alleged anticompetitive conduct.

[{"selector":"#anim-5c135826-29c4-41d3-947e-ed16d114e83e","keyframes":{"opacity":[0,1]},"delay":0,"duration":1800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d42aba57-d90e-4048-8337-788ad423b4ba","keyframes":{"transform":["translate3d(-92.62295%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1800,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1a1efc5f-a260-4cfe-b487-9e3d7ecd5091","keyframes":{"transform":["translate3d(-184.21057%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .8, 1)","fill":"both"}] [{"selector":"#anim-1b40daf5-151c-4238-9ba6-883d34496236","keyframes":{"transform":["rotateZ(-180deg)","rotateZ(0deg)"]},"delay":0,"duration":1000,"easing":"cubic-bezier(.2, 0, .5, 1)","fill":"forwards"}] More Crypto Stories...