Apple ready to open iPhone tap-to-pay to rivals—in the EU

Apple is prepared to open the iPhone’s ability to tap-to-pay to rivals — in the EU — after coming under fire for keeping users in its own ecosystem, the European Commission and the company said on Friday.

The commission, the European Union’s market regulator, said it was weighing Apple’s proposal, which was made after Brussels determined that the Cupertino company enjoys a dominant position in iOS mobile wallet transactions by shutting out competitors.