Apple announces major expansion of Tap to Pay on iPhone

Tap to Pay on iPhone is the ultimate in convenience for small businesses looking to accept contactless payment from both mobile wallets and physical cards, and from today it’s available in nine more countries. It allows retailers to accept contactless payment using only their iPhone, with no separate mobile terminal or card reader required … Tap to Pay on iPhone First announced in 2022 with a gradual rollout in the US, Tap to Pay on iPhone is effectively a 4th generation of card payment tech for small businesses: Wired card payment terminals, with rental fees Wireless versions, which still had to be rented Standalone devices using a Bluetooth connection to an iPhone, with a one-off cost Tap to Pay on iPhone With the latter, there’s no need for any additional hardware of any kind. Instead, the consumer taps their card, iPhone, or Apple Watch against the iPhone owned by the business – though it should be noted that it’s of course limited to contactless payments, which have varying t ... Read full article.