The Australian government is exploring new rules to tighten digital payment services regulations by the tech giants like Apple Inc (NASDAQ: AAPL) and Alphabet Inc's (NASDAQ: GOOG) (NASDAQ: GOOGL), Google, and Tencent Holdings Ltd's (OTC: TCEHY) WeChat, Reuters reports. The growth of popular Apple Pay, Google Pay, and China's WeChat Pay enjoyed regulatory immunity to date as they were exempt from payment systems.
Australia Explores Stricter Laws For Apple, Google: Reuters