Apple has introduced Tap to Pay on iPhone in New Zealand, empowering small businesses and merchants to accept contactless payments using just an iPhone. This service supports Apple Pay, contactless credit/debit cards, and other NFC digital wallets, providing a cost-effective and secure payment solution.
Tap to Pay transforms iPhone XS and later models into payment terminals via NFC technology. Sellers only need to open a compatible app, present the iPhone, and complete the transaction when the customer taps their device or card. Transactions are encrypted, ensuring privacy and security.
In New Zealand, Tap to Pay on iPhone is supported by platforms like Adyen, Stripe, ANZ Bank, Windcave, and Worldline. Businesses using these services can start accepting payments without requiring additional hardware or terminals.
Benefits for Merchants
- Cost Savings: Eliminates the need for traditional card terminals and leasing costs.
- Ease of Use: Quick setup and seamless integration with compatible iOS apps.
- Mobility: Ideal for in-store use, events, and on-the-go transactions.
- Secure Transactions: Built-in Apple Pay security ensures customer and merchant data is protected.
Since its launch in the US in 2022, Tap to Pay on iPhone has expanded to over 20 countries, including Australia, Canada, the UK, Japan, and now New Zealand. By eliminating the need for additional equipment, it promises to revolutionize payment acceptance for businesses of all sizes.
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