The group of Australian banks that want to collectively bargain with Apple over terms of its Apple Pay app have sharpened their focus to Apple's smartphone technology policy, an area the technology giant is likely to defend fiercely.

The four banks, Bendigo and Adelaide Bank, Commonwealth Bank of Australia, National Australia and Westpac, on Monday issued a statement saying the banks have narrowed their application to Australian regulators to focus solely on access to Near Field Communication (NFC) as terms of collective bargaining with Apple. Previously their arguments also addressed the fees Apple charges to Apple Pay issuers.

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