“The lobbyists for Google, Paypal and the credit card companies is pushing this.”
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I don’t think so...both Google and Paypal absolutely hate Apple Pay and have competing “mobile payment” processes (e.g., Google Wallet) that have gone nowhere and are, in essence, failing in the marketplace. And Paypal is suing Google (and several former Paypal employees who left to go work for Google) for theft of trade secrets. The courts will have to settle that suit somehow unless Paypal and Google don’t first simply give up the fight since their systems are not competing effectively with Apple Pay.
You don’t think so?
You mean Google and Paypal wouldn’t benefit from this highly restrictive law?
Who has more customers? Apple or Paypal?