Apple officially announced its plans to introduce Tap to Pay on iPhone, a function that will allow merchants across the US to use their handset to seamlessly accept Apple Pay. This means contactless payments via credit and debit cards, as well as other digital wallets, by using just a simple tap of their iPhone, without requiring additional hardware or payment terminals. Stripe is set to become the first payment platform to offer Tap to Pay on iPhone to their business customers. Read more for a video explaining the new feature and additional information.
When Tap to Pay becomes available on iPhone later this year, merchants will be able to unlock contactless payment acceptance through a supporting iOS app on an iPhone XS or later device. During checkout, the merchant only needs the customer to hold their iPhone or Apple Watch to pay with Apple Pay, their contactless credit or debit card, or other digital wallet near their own device. The payment will then be seamlessly and securely completed using NFC technology. It is also going to roll out to retail Apple Store locations across the US later this year.
Whether you’re a salesperson at an internet-first retailer or an individual entrepreneur, you can soon accept contactless payments on a device that’s already in your pocket: your iPhone. With Tap to Pay on iPhone, millions of businesses using Stripe can enhance their in-person commerce experience by offering their customers a fast and secure checkout,” said Billy Alvarado, Stripe’s chief business officer.
Source link
