Apple Pay is already accepted by more than 90% of U.S. retailers. This new capability will allow their customers to experience a more seamless checkout process. Tap to Pay on iPhone will also roll out to Apple Store locations.
This initiative is part of Apple’s strategy to boost the adoption of contactless payments in the US and then globally, as they plan to support all EMV contactless payments, including Google Pay.
As Apple plans to work closely with payment platforms and app developers to offer ‘Tap to Pay’ on iPhone to more merchants, this will mean a better understanding of local consumer needs and challenges.
With Tap to Pay on iPhone, businesses will be able to accept contactless payments in a secure, private, and easy way and also enjoy new checkout experiences using the power, security, and convenience of the iPhone.
This feature will be particularly useful for growing businesses, as no matter where you work, whether you are a salesperson at an online retailer or an entrepreneur, contactless payments will soon be available on a device you already own: your iPhone.