Apple has just announced that, in a few months, a new feature will be available on the iPhone: Tap to Pay. Thanks to it, all iPhone XS and later will be able to accept contactless payments without the need for specific hardware. This feature will only be available in the United States at launch.
A novelty with all the ingredients for rapid international expansion
Thanks to the NFC chip of the iPhone, all phones of the XS model can receive payments via contactless technologies. Whether it’s Apple Pay or connecting your credit card directly to your phone, processing payments just got a whole lot easier. This technology will be accessible to payment platforms as well as to developers who wish to integrate it into their applications.
At launch, Stripe will be the first payment platform to offer Tap to Pay on the iPhones of its business customers. As the development progresses, it is expected that more and more services, companies and payment gateways will start offering these services.
“As more consumers take advantage of paying 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 experiences. using the power, security and convenience of iPhone,” said Jennifer Bailey, vice president of Apple Pay and Apple Wallet. “In partnership with payment platforms, app developers, and payment networks, we make it easier than ever for businesses of all sizes, from sole proprietors to large retailers, to accept contactless payments and continue to grow their business.”
For now, the dates managed by the Cupertino company indicate that we will see this useful feature at the end of the year. Apple also wanted to highlight the privacy of the platform, essential in all Apple devices and much more important when talking about money.
“With Tap to Pay on iPhone, customers’ payment data is protected by the same technology that makes Apple Pay private and secure. All transactions made with Tap to Pay on iPhone are encrypted and processed using Secure Enclave, and just like with Apple Pay, Apple doesn’t know what is being purchased or who is purchasing it.”
Thanks to the fact that Apple intends to leave the deployment of this functionality in the hands of third-party applications and the various payment services, without getting directly into regulations or offering payment processing directly, it is reasonable to s expect considerable international expansion. of this system. Something we have no news of, but which is expected.
Thanks to the ease of payment via Apple Pay, which, because you do not need a receipt, Tap to Pay is a very interesting function. Undoubtedly good news for all those companies that, by their very nature, will benefit from having a portable and powerful point of sale, with 5G connectivity, safe and that in addition they already have: their iPhone.
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