Worldpay Rolls Out Tap to Pay on iPhone for Simplifying Payments
Payment facilitators collaborating with the Worldpay’s PayFac
suite of services now have the capability to enable Tap to Pay on iPhone for
their merchants. Two PayFac partners, Fullsteam and Autobooks, have initiated
the implementation of this new service from Worldpay.
The feature allows merchants to accept contactless payments
via iPhone, encompassing contactless credit and debit cards, Apple Pay, and
various digital wallets—all without the requirement for additional hardware.
The 2024 Global Payments Report from Worldpay predicts a
significant shift in transaction dynamics, with 86% of all point-of-sale
transaction value anticipated to be conducted through digital wallets or credit
and debit cards globally by 2027.
This forecast highlights a growing inclination among
retailers, field service workers, salons, healthcare professionals, and other
business operators to diversify their payment offerings to cater to the rising
consumer demand for digital wallet and contactless payment options. Tap to Pay
on iPhone emerges as a facilitative solution in meeting these consumer
preferences.
“With iPhones being the most used device in the U.S. market,
we are opening up greater opportunities for businesses to accept payments in an
untethered, secure and seamless way,” said Matt Downs, EVP of Platforms at
Worldpay. “Our PayFac partners can easily integrate with minimal development
effort, meanwhile, by offering Tap to Pay on iPhone, they can also bypass the
burden that can come with device certification.”
Meanwhile, BT
Group’s digital and startup incubation arm has teamed up with Adyen, to introduce a new solution for small
businesses, as reported by Finance Magnates.
The collaboration aims to enable small business customers to accept in-person
contactless payments using Tap to Pay on iPhone. The BT Tap to Pay app,
developed with input from SMEs, mobile workers, and sole traders across the UK,
prioritizes their specific needs.
Enabling Tap to Pay on iPhone for Merchants
To implement Tap to Pay on iPhone, PayFac partners seeking
to offer this feature can collaborate with Worldpay to integrate its triPOS
mobile toolkit into their point-of-sale app, subsequently offering it through
the Apple App Store. Once integrated, merchants utilizing the app gain the
ability to accept a broad spectrum of contactless payments using an iPhone to
conduct transactions.
Leveraging Apple’s technology, Tap to Pay on iPhone utilizes
the inherent features of the device to uphold the privacy and security of both
merchant and customer data. Notably, Apple ensures that card numbers and
transaction information are not stored on the device or on Apple servers during
payment processing.
Payment facilitators collaborating with the Worldpay’s PayFac
suite of services now have the capability to enable Tap to Pay on iPhone for
their merchants. Two PayFac partners, Fullsteam and Autobooks, have initiated
the implementation of this new service from Worldpay.
The feature allows merchants to accept contactless payments
via iPhone, encompassing contactless credit and debit cards, Apple Pay, and
various digital wallets—all without the requirement for additional hardware.
The 2024 Global Payments Report from Worldpay predicts a
significant shift in transaction dynamics, with 86% of all point-of-sale
transaction value anticipated to be conducted through digital wallets or credit
and debit cards globally by 2027.
This forecast highlights a growing inclination among
retailers, field service workers, salons, healthcare professionals, and other
business operators to diversify their payment offerings to cater to the rising
consumer demand for digital wallet and contactless payment options. Tap to Pay
on iPhone emerges as a facilitative solution in meeting these consumer
preferences.
“With iPhones being the most used device in the U.S. market,
we are opening up greater opportunities for businesses to accept payments in an
untethered, secure and seamless way,” said Matt Downs, EVP of Platforms at
Worldpay. “Our PayFac partners can easily integrate with minimal development
effort, meanwhile, by offering Tap to Pay on iPhone, they can also bypass the
burden that can come with device certification.”
Meanwhile, BT
Group’s digital and startup incubation arm has teamed up with Adyen, to introduce a new solution for small
businesses, as reported by Finance Magnates.
The collaboration aims to enable small business customers to accept in-person
contactless payments using Tap to Pay on iPhone. The BT Tap to Pay app,
developed with input from SMEs, mobile workers, and sole traders across the UK,
prioritizes their specific needs.
Enabling Tap to Pay on iPhone for Merchants
To implement Tap to Pay on iPhone, PayFac partners seeking
to offer this feature can collaborate with Worldpay to integrate its triPOS
mobile toolkit into their point-of-sale app, subsequently offering it through
the Apple App Store. Once integrated, merchants utilizing the app gain the
ability to accept a broad spectrum of contactless payments using an iPhone to
conduct transactions.
Leveraging Apple’s technology, Tap to Pay on iPhone utilizes
the inherent features of the device to uphold the privacy and security of both
merchant and customer data. Notably, Apple ensures that card numbers and
transaction information are not stored on the device or on Apple servers during
payment processing.
