APPLE WILL LET OTHER DIGITAL WALLETS INTO APPLE PAY, AND EVEN BE THE DEFAULT

Summary from the TLDR newsletter

Apple will let apps offer NFC functionality through the Secure Element on iOS devices starting with iOS 18.1. Developers will have to pay fees to access payments and secure transactions. iPhone users will be able to set the default payment app triggered by double-clicking the side button. Apple's move to open up its contactless system broadly follows its settlement with the European Commission as part of an antitrust action.