Apple is being sued in a San Francisco federal court by payment card issuers claiming the company is forcing users to use its own wallet for contactless payments.

The plaintiff, Iowa's Affinity Credit Union, said Apple's anticompetitive conduct forces the 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.

"Apple's conduct harms not only issuers, but also consumers and competition as a whole," the complaint said.

[reuters.com...]