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APPLE

‘Apple, pay your taxes!’: Protest greets US tech giant’s Champs-Élysées launch

The launch of an Apple store on the Champs Elysees in Paris was greeted Sunday by a protest against the US multinational's controversial fiscal practices.

'Apple, pay your taxes!': Protest greets US tech giant's Champs-Élysées launch
Demonstrators during the opening of a new Apple store on the Champs Elysees. Photo: AFP
Activists from the tax campaign group Attac gathered on the celebrated boulevard, wearing coloured wigs and party hats, throwing confetti and chanting: “Apple, pay your taxes!”
   
The group had staged a sit-in at Apple's flagship Paris store in December 2017, and in February a French court declined to approve a ban on such actions following a request by the US computer giant.
   
“We have come to celebrate in our own way the inauguration of Apple's Champs Elysees store, to remind people that Apple is one of the biggest tax evaders in the world,” Attac spokeswoman Aurelie Trouve told AFP at the protest, which featured a brass band.
   
Apple, the first US company to attain one trillion dollars in market capitalisation, grew in part owing “to the fact that it extorts billions of euros from citizens, notably European and French, through fiscal evasion of its profits, first in Ireland and now in Jersey,” the spokeswoman said.
   
Meanwhile security personnel allowed customers to enter the new store to a boisterous welcome by Apple employees.
   
Attac — the Association for the Taxation of Financial Transactions and Citizens Action — criticises French President Emmanuel Macron for failing to tackle multinational tax practices.
   
French Economy Minister Bruno Le Maire has pushed for a Europe-wide tax policy on computer giants such as Google, Amazon, Facebook and Apple but Ireland, which attracts such companies, is opposed while EU heavyweight Germany has voiced only lukewarm support for the French initiative.

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TECHNOLOGY

Hundreds of German banks make Apple Pay service available for first time

Together with some German banks, Apple is pushing for a change in Germany’s cash-loving culture by making contactless payment via mobile phones more accessible to users.

Hundreds of German banks make Apple Pay service available for first time
Photo: DPA

It’s been a year since the launch of Apple Pay in Germany, and significantly more consumers are now able to use the mobile payment service than ever before. 

READ ALSO: Apple Pay finally launches in cash-loving Germany

On Tuesday, 371 out of a a total of 379 Germans savings banks made the service available for a total of 50 million customers.

Commerzbank, Norisbank, and LBBW (Landesbank Baden-Württemberg) are among the banks now offering the use of the service to their clients.

Integration of popular girocard system still in the works 

As is typical for German banks, only credit cards and debit cards issued by the banks themselves can be integrated into the service.

A system which uses the very popular girocard, previously known as the EC card, is still in the works. This interbank network and debit card service connects virtually all German ATMs and banks. 

The logo of the popular girocard brand, formerly know as EC-Karte. Photo: DPA.

Jennifer Bailey, the head of Apple Pay, said that the service will be integrated into the girocard system in the coming year. 

Extra security 

Apple Pay allows customers to pay using the iPhone or Apple Watch as if they were using a contactless card. The payment method also applies for internet purchases. 

Users are able to unlock and approve the transactions through face identification or fingerprint scanning technology. Bailey emphasized that this technology ensures that the fraud rate is virtually zero with Apple Pay. 

Contactless payment at the cash register relies on the NFC chip technology. NFC stands for “near-field communication,” and works by allowing various devices equipped with the technology to exchange data. Apple's Jennifer Bailey gives a presentation about Apple Pay in Cupertino, CA earlier this year. Photo: DPA. 

 

It is especially secure due to the fact that communication between devices is only possible within about 10 centimeters. 

The banks can only access the NFC via use of Apple Pay, due to Apple’s possession of the special high-security chip within their devices called the “Secure Element.”

German regulation challenges Apple’s dominance 

Germany passed a law in late November that requires platform operators such as Apple to provide financial services, such as banks who use their technology, full access to the infrastructure, such as the NFC, which makes the system work in exchange for a small fee. 

The law ensures that Apple’s rivals in the mobile payment market would still have access to the technology that makes it work. 

The regulation is just one part of recent actions in Germany to regulate US technology companies and their market dominance. 

Commerzbank was one of the banks to adopt the Apple Pay service recently. Photo: DPA.

Apple criticized the law but feels confident overall about accommodating it from a legal perspective. The company emphasized that it already provides access to the NFC chip infrastructure to financial service providers, thus meeting the requirements of the law. 

“When a card is added to the Apple Wallet, banks can decide whether to use it to trigger secure payments from their own apps via NFC. No new law is necessary for that,” the statement said. 

Banks ‘voting with their actions’ 

“Banks are voting with their actions by working with us on Apple Pay,” Bailey said of the bill, in regards to the latest additions and the development of a girocard solution. Apple’s system is still the safest way to pay with the iPhone. 

“The only way to the NFC chip today is via Apple Pay,” Bailey said, expressing concern that any other system would jeopardize user data and security. 

Translated by Kate Brady. 
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