What is the WEKO investigation into Apple NFC access?

WEKO is reviewing whether Apple’s iPhone NFC interface should be open to third‑party wallets. If regulators mandate broader access, apps like Twint could offer true contactless tap‑to‑pay on iOS. The case focuses on competition, merchant costs, and consumer choice in Swiss mobile payments.

How could open NFC on iPhone affect Twint and Apple Pay in Switzerland?

Open NFC would let Twint match Apple Pay at terminals without extra steps. That could shift volume toward account‑to‑account payments, potentially lowering merchant fees and bank interchange outflows. Apple may respond with tighter Wallet features and promotions to defend share at the point of sale.

What should Swiss investors watch on AAPL next?

Key items are Apple’s 2026-04-26 earnings, any WEKO updates on NFC access, and Apple’s developer communications on wallet APIs. Also track Twint’s 2026 rollout of invoice and direct debit. Price action near Bollinger mid‑band levels and RSI normalization can help time entries.

Does Twint’s growth threaten Apple’s Services revenue near term?

Not materially near term. Apple’s Services base is broad, and Switzerland is a small slice. Still, if WEKO opens NFC and Twint gains tap parity, Apple Pay’s local share could slip, trimming some wallet economics. The bigger watch is whether similar moves spread across Europe.

Global Market Insights

AAPL Stock Today: February 18 – TWINT Surge, Swiss NFC Probe

ByHuzaifa Zahoor February 18, 2026February 18, 2026

Twint is in focus for Swiss mobile payments after reporting 901 million transactions in 2025, up 17% year over year. At the same time, a WEKO investigation into Apple NFC access could reshape in‑store payments if iPhone tap-to-pay opens beyond Apple Pay. We watch AAPL today for regulatory risk and sentiment shifts. For CH investors, the mix of local adoption, merchant economics, and any interface changes on iOS will guide payment share and potential bank incentives.