{"id":47708,"date":"2022-02-11T13:44:45","date_gmt":"2022-02-11T05:44:45","guid":{"rendered":"http:\/\/www.upgrademag.com\/web\/?p=47708"},"modified":"2022-11-29T21:12:29","modified_gmt":"2022-11-29T13:12:29","slug":"apple-empowers-businesses-to-accept-contactless-payments-through-tap-to-pay-on-iphone","status":"publish","type":"post","link":"http:\/\/www.upgrademag.com\/web\/2022\/02\/11\/apple-empowers-businesses-to-accept-contactless-payments-through-tap-to-pay-on-iphone\/","title":{"rendered":"Apple empowers businesses to accept contactless payments through Tap\u00a0to\u00a0Pay on iPhone\ufffc"},"content":{"rendered":"\n

Apple announced plans to introduce Tap to Pay on iPhone. The new capability will empower millions of merchants, from small businesses to large retailers, to use their iPhone to seamlessly and securely accept Apple Pay, contactless credit and debit cards, and other digital wallets through a simple tap to their iPhone \u2014 no additional hardware or payment terminal needed.<\/strong><\/p>\n\n\n\n

Tap to Pay on iPhone will be available for payment platforms and app developers to integrate into their iOS apps and offer as a payment option to their business customers. Stripe will be the first payment platform to offer Tap to Pay on iPhone to their business customers, including the Shopify Point of Sale app this spring. Additional payment platforms and apps will follow later this year.<\/p>\n\n\n\n

\u201cAs more and more consumers are tapping to pay with digital wallets and credit cards, Tap to Pay on iPhone will provide businesses with a secure, private, and easy way to accept contactless payments and unlock new checkout experiences using the power, security, and convenience of iPhone,\u201d said Jennifer Bailey, Apple\u2019s vice president of Apple Pay and Apple Wallet. \u201cIn collaboration with payment platforms, app developers, and payment networks, we\u2019re making it easier than ever for businesses of all sizes \u2014 from solopreneurs to large retailers \u2014 to seamlessly accept contactless payments and continue to grow their business.\u201d<\/p>\n\n\n\n

Once Tap to Pay on iPhone becomes available, merchants will be able to unlock contactless payment acceptance through a supporting iOS app on an iPhone XS or later device. At checkout, the merchant will simply prompt 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 the merchant\u2019s iPhone, and the payment will be securely completed using NFC technology, as is the case for contactless card machines<\/a>.<\/p>\n\n\n\n

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No additional hardware is needed to accept contactless payments through Tap to Pay on iPhone, so businesses can accept payments from wherever they do business. Apple Pay is already accepted at more than 90 percent of US retailers, and with this new capability, virtually every business, big or small, will be able allow their customers to Tap to Pay on iPhone at checkout. Tap to Pay on iPhone will also roll out to Apple Store locations in the US later this year.<\/p>\n<\/blockquote>\n\n\n\n

Privacy is fundamental in the design and development across all of Apple\u2019s payment features. With Tap to Pay on iPhone, customers\u2019 payment data is protected by the same technology that makes Apple Pay private and secure. All transactions made using Tap to Pay on iPhone are encrypted and processed using the Secure Element, and as with Apple Pay, Apple doesn\u2019t know what is being purchased or who is buying it.<\/p>\n\n\n\n

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Apple will work closely with payment platforms and app developers across the payments and commerce industry to offer Tap to Pay on iPhone to millions of merchants in the US. Tap to Pay on iPhone complements and enhances the robust suite of payment and commerce tools that payment platforms and app developers provide to their merchant customers to help them run and grow their businesses. <\/p>\n\n\n\n

Tap to Pay on iPhone will work with contactless credit and debit cards from leading payment networks, including American Express, Discover, Mastercard, and Visa.<\/p>\n\n\n\n

\u201cWhether you\u2019re a salesperson at an internet-first retailer or an individual entrepreneur, you can soon accept contactless payments on a device that\u2019s already in your pocket: your iPhone,\u201d said Billy Alvarado, Stripe\u2019s chief business officer. \u201cWith 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.\u201d<\/p>\n\n\n\n

Tap to Pay on iPhone will be available to participating payment platforms and their app developer partners to leverage in their software developer kits (SDKs) in an upcoming iOS software beta.<\/p>\n","protected":false},"excerpt":{"rendered":"

Later this year, merchants will be able to accept Apple Pay and other contactless payments simply by using iPhone and a partner-enabled iOS app.<\/p>\n","protected":false},"author":6,"featured_media":47709,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[3364,302,416,1034],"class_list":["post-47708","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-apps","tag-apple","tag-apps-2","tag-mobile-apps","tag-online-payments"],"_links":{"self":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts\/47708","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/comments?post=47708"}],"version-history":[{"count":0,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts\/47708\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/media\/47709"}],"wp:attachment":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/media?parent=47708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/categories?post=47708"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/tags?post=47708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}