This groundbreaking solution enables businesses of all sizes to accept in-person, contactless payments directly through their iPhone.
Envision a world where your iPhone functions as a payment terminal—no additional hardware, no complications, just effortless transactions at your fingertips. Apple has made this vision a reality with the introduction of its Tap to Pay on iPhone feature in the UAE, redefining how merchants process payments. By utilizing NFC technology, merchants can now handle payments from contactless credit and debit cards, Apple Pay, and other digital wallets without requiring extra hardware or terminals.
A Game-changer for Businesses
Available on iPhone Xs or later with the latest iOS, Tap to Pay streamlines the checkout process for both merchants and customers. Merchants using compatible iOS apps can easily accept payments by guiding customers to hold their contactless card, iPhone, Apple Watch, or digital wallet close to their device. Whether in a busy market or a cozy café, businesses can now provide a secure and convenient payment experience wherever they operate.
Apple has collaborated with leading payment platforms and app developers to bring this feature to life. Starting today, Adyen, Magnati, and Network International are among the first to support Tap to Pay on iPhone in the UAE. The feature also integrates seamlessly with major payment networks, including American Express, Mastercard, and Visa, ensuring widespread compatibility for merchants and customers.
Transactions are encrypted and processed using the Secure Element, ensuring that sensitive payment data remains confidential.
Privacy and Security at Its Core
In line with Apple’s dedication to privacy, Tap to Pay on iPhone prioritizes security. Transactions are encrypted and processed using the Secure Element, ensuring that sensitive payment data remains confidential. Apple itself does not know what is being purchased or who is making the purchase, providing unparalleled peace of mind for users.
Transforming the Payment Landscape
The launch of Tap to Pay on iPhone marks a significant step in Apple’s mission to redefine how businesses manage payments. By eliminating the need for additional hardware and offering an intuitive, secure, and flexible solution, this feature is set to revolutionize commerce in the UAE.
Source link: https://www.khaleejtimes.com