Financial technology platform Adyen has announced that it is working with Apple to offer Tap to Pay on iPhone support to its business customers in the US later this year.
Tap to Pay on iPhone was announced by Apple in February. The new feature will allow businesses to accept contactless payments using an iPhone without any additional hardware, turning an iPhone into a payment terminal so that businesses can accept Apple Pay, contactless credit and debit cards, and other digital wallets through a simple tap to their iPhone.
“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.”
Image: Apple
“Adyen has been at the forefront of innovation with NewStore since our inception. Together, we have already put iPhones in the hands of thousands of store associates. Now, these devices can become payment terminals with no additional hardware,” said Stephan Schambach, Founder and CEO of NewStore. “By bringing Tap to Pay on iPhone to our growing list of shared customers, NewStore and Adyen will provide a more convenient, seamless, and secure payment experience for both associates and consumers.”
It was announced that Stripe would 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, with Adyen now the second confirmed partner working with Apple on the new feature.
Adyen has not specified a release date for Tap to Pay, simply stating that the feature will be available later this year.