> Imagine if an user of a Visa credit card must be allowed to use the same magnetic stripe on the Mastercard network. Do you support that? How is Apple doing anything different?

Erm, the EU has pretty much already done that. Payment networks must support competitors running over their terminals and network for a fair price.

Go lookup up EuroPay, didn’t quite pan out how the EU expected. But if you wanna start a new payment network in the EU, MasterCard must help you out.