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Apple Faces Class-Action Lawsuit Over Crypto Payments Restrictions 3m ago by coinedition.com

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A group of customers has brought a lawsuit against Apple over payment restrictions. 

The filing claims Apple restricted the use of decentralized technology in payment apps.

The customers want to recover excess fees paid due to the tech giant’s policies. 

Technological giant Apple reportedly faces a class-action lawsuit filed by a group of customers who accuse the company of restricting peer-to-peer payment alternatives and crypto payments on IOS payment apps. 

Source: PACER

The complaint filed in a California District Court alleges that Apple entered into anti-competition agreements with PayPal’s Venmo and Block’s Cash App. In addition, the customers claim Apple has restricted the use of decentralized technology in payment apps, which has caused users to pay “rapidly inflating prices” on alternative options. 

The dissatisfied customers allege the anti-competition practices were made possible through Apple’s use of “technological and contractual restraints.” Furthermore, they mentioned that App Store policies and limitations on web browsers give the company power to control every app installed on iOS devices. 

As a result, the custom…

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