Apple’s Upcoming Tap To Pay Feature On iPhone Gains A New Partner
Apple’s iOS 15.4 added support for a new Tap to Pay feature that will allow retailers to use iPhones to accept payments.
That feature requires payment partners, one of which will be Stripe when the service goes live. Now, Adyen has confirmed that it too will support the same Tap to Pay feature, too.
Adyen says that it is working with enterprise customers and commerce platforms to run a pilot program including Lightspeed Commerce and NewStore.
“Lightspeed is known for providing the latest technology to our merchants so they have the most impactful tools to run their business. Partnering with Adyen to provide Tap to Pay on iPhone is a huge win for our U.S. customers,” said Jona Georgiou, GM, Payments and Financial Services at Lightspeed. “This feature gives merchants even more checkout options to provide amazing customer experiences.”
Apple’s new Tap to Pay feature will allow people to accept payments using nothing more than an iPhone. Current solutions require an accessory from someone like Square, but this new feature will remove that need.
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.
Apple continues its expansion into payment systems and platforms and recently bought a UK company that handles credit checking. It’s thought that could be the precursor to Apple bringing the Apple Card credit card to the UK. The card is currently only available in the United States.