Apple Adds New Tap to Pay on iPhone Partner Prior to Launch

[MacRumors]

Apple in February announced an upcoming "Tap to Pay on iPhone" feature designed to allow compatible iPhones to accept payments through Apple Pay, contactless credit and debit cards, and other digital wallets, with no extra hardware required.

When Apple first introduced Tap to Pay, Stripe was announced as the sole partner, but Apple this week expanded to include another partner, Adyen. Dutch payment processing company Adyen announced the partnership in a press release, and said that it is planning to work with Apple to offer Tap to Pay on iPhone for its U.S. customers later this year.

Adyen will work with enterprise customers and commerce platforms that include Lightspeed Commerce and NewStore, expanding the number of businesses that will be able to take advantage of Tap to Pay.

Tap to Pay on iPhone is set to compete against existing iPhone payment solutions for merchants such as Square. It will let small businesses accept NFC contactless payments through supported iOS apps with an iPhone XS or newer. When checking someone out, the merchant will ask the customer to hold their own iPhone, Apple Watch, digital wallet, or contactless card up to the merchant's iPhone to complete a payment quickly and easily.

The new payment feature is set to debut in the United States later this year, and though Apple has not yet provided a concrete release date, that new partners are being added suggests we could see a launch in the not too distant future.

Article Link: Apple Adds New Tap to Pay on iPhone Partner Prior to Launch

 

[MauiPa]

Samsung released an add mocking tap to pay, and in several weeks is announcing its own tap to pay. OK, I made that up, but it will probably happen

 

[SD449]

Any word on if this will come to iPadOS and if so what devices?

I think this could be revolutionary for POS apps.

 

[Apple$]

Plot twist: I tap my Samsung on a iPhone. ?
???

 

[Phil77354]

Digital equivalent of the 'fist bump'!!

 

[JamieLannister]

Makes prostitution jobs much easier. Instant payment and can report the taxes easily.

Let me tap to pay for that oral job I just had. Thanks ?

 

[mashdots]

Samsung released an add mocking tap to pay, and in several weeks is announcing its own tap to pay. OK, I made that up, but it will probably happen

Honestly before i read the last sentence I didn't realize it was a joke because i totally expected it.

 

[alexandr]

Makes prostitution jobs much easier. Instant payment and can report the taxes easily.

Let me tap to pay for that oral job I just had. Thanks 🙏

It also keeps tracks of transactions, which makes it easier to zero in on Covid and STDs.

 

[SD449]

Plot twist: I tap my Samsung on a iPhone. ?
???

It also keeps tracks of transactions, which makes it easier to zero in on Covid and STDs.

I feel like these comments are related, need to be careful of what your iPhone might catch doing unprotected transactions with Samsung devices.

 

[zombierunner]

Makes prostitution jobs much easier. Instant payment and can report the taxes easily.

Let me tap to pay for that oral job I just had. Thanks ?

Tap dat ass then tap to pay.

 

[_Spinn_]

Very cool to see this already expanding before launch.

 

[Jeepdon]

Tap to Pay on iPhone is set to compete against existing iPhone payment solutions for merchants such as Square.

Not... necessarily. Although Square provides NFC gizmos, there's no reason Square couldn't become a "Tap to Pay on iPhone" partner along with Stripe and others. Square's created tremendous value with their point of sale software; they're a lot more than just a "tap to pay" provider these days. "Tap to Pay on iPhone" isn't a "payment solution;" it's an enabling technology that payment solutions can use.

 

[Jeepdon]

Any word on if this will come to iPadOS and if so what devices?

I think this could be revolutionary for POS apps.

iPads don't have NFC hardware in them, do they? This isn't just a software trick, the device has to have NFC capabilities to begin with.

 

[LeadingHeat]

This is going to be huge for small businesses and self contractors! I hope enough partners get brought on board to keep rates competitive.

 

[mansplains]

Makes prostitution jobs much easier.

To be fair, the IRS wants you to include bribes you've accepted as income in your reporting

 

[Eorlas]

Any word on if this will come to iPadOS and if so what devices?

I think this could be revolutionary for POS apps.

indeed. I'm looking forward to this working with Quickbooks' payment service. We have an insanely good rate in our business, and while the new reader is sleek and inexpensive, being able to just take people's contactless payments for clients I know have NFC cards without having to grab the processor will be great.

 

[44267547]

Contactless.

And this is the appropriate direction we should be moving forward, hopefully at some point, even eliminate the need for a debit card. We’re not there yet, but we’re slowly getting to that point.

 

[alexandr]

I feel like these comments are related, need to be careful of what your iPhone might catch doing unprotected transactions with Samsung devices.

I have an ultra thin case

 

[mapsdotapp]

Not... necessarily. Although Square provides NFC gizmos, there's no reason Square couldn't become a "Tap to Pay on iPhone" partner along with Stripe and others. Square's created tremendous value with their point of sale software; they're a lot more than just a "tap to pay" provider these days. "Tap to Pay on iPhone" isn't a "payment solution;" it's an enabling technology that payment solutions can use.

right. if your phone or watch died you would not be able to complete an Apple Card purchase using this feature. as long as merchants have to accept magnetic strip payments, this fails to even compete with their hardware readers.

 

[DocMultimedia]

Apple continues to venture into the financial world. Apple continues it's march to money. As a shareholder I have no problem with that.

 

[iphonehype]

Contactless.

And this is the appropriate direction we should be moving forward, hopefully at some point, even eliminate the need for a debit card. We’re not there yet, but we’re slowly getting to that point.

You see virtual debit cards going away? Or do you mean physical?

 

[jon3543]

This is the way of the future. We'll be like ants, greeting each other by tapping iPhones instead of antenna, then going merrily on our way.

 

[d686546s]

Samsung released an add mocking tap to pay, and in several weeks is announcing its own tap to pay. OK, I made that up, but it will probably happen

Plot twist, Samsung has had that feature for a while: https://www.samsung.com/uk/business/mobile-solutions/samsung-pay-touch/

 

[svish]

Looking for it to be available outside the US.

 

[eduardodfj]

Contactless.

And this is the appropriate direction we should be moving forward, hopefully at some point, even eliminate the need for a debit card. We’re not there yet, but we’re slowly getting to that point.

If you mean a physical card, I haven't used mine since at least three years ago, and I pay everything with my Apple Watch. At least in some countries, we are certainly there already.