Adyen, a global payments platform, has announced the launch of Tap to Pay on iPhone in Australia. This innovative technology allows merchants to accept contactless payments using only an iPhone and a supporting iOS app, without the need for any additional hardware or payment terminal.

To use Tap to Pay on iPhone, merchants simply prompt the customer to hold their contactless payment device near the merchant's iPhone. The payment is then securely completed using NFC technology. Tap to Pay on iPhone accepts all forms of contactless payments, including contactless credit and debit cards, Apple Pay, and other digital wallets.

Tap to Pay on iPhone offers a number of benefits for Australian businesses:

• Simplified payments - Tap to Pay on iPhone removes the dependence on additional payment hardware, simplifying the payments process and making it easier for merchants to accept contactless payments.
• Quicker onboarding and setup - Tap to Pay on iPhone is easy to install and set up, allowing businesses to start accepting contactless payments quickly.
• More seamless checkout experiences - Tap to Pay on iPhone increases mobility on location, allowing merchants to provide customers with a more seamless and convenient checkout experience.
• Secure and private payments - Tap to Pay on iPhone uses the built-in security features of iPhone to keep business and customer data private and secure.

“We are thrilled to be bringing Tap to Pay on iPhone to Australian merchants,” said Hayley Fisher, Country Manager for Australia and New Zealand at Adyen. “This represents a significant step forward in the evolution of digital payments, offering Australians a fast, secure, and convenient way to make transactions. We believe this technology will revolutionize the payments landscape and provide immense value to both consumers and businesses.”

What it means for Australian businesses

The launch of Tap to Pay on iPhone is a significant development for Australian businesses, offering a number of benefits, including:

• Reduced costs - By eliminating the need for additional payment hardware, Tap to Pay on iPhone can help businesses reduce their costs.
• Increased sales - Tap to Pay on iPhone can help businesses increase sales by making it easier for customers to pay, especially for small purchases.
• Improved customer satisfaction - Tap to Pay on iPhone can help businesses improve customer satisfaction by providing a more seamless and convenient checkout experience.
• Competitive advantage - Tap to Pay on iPhone can help businesses gain a competitive advantage by offering customers a cutting-edge payment solution.

The launch of Tap to Pay on iPhone in Australia is a positive development for businesses of all sizes. This innovative technology offers a number of benefits, including simplified payments, quicker onboarding and setup, more seamless checkout experiences, and secure and private payments. Businesses that adopt Tap to Pay on iPhone can expect to reduce costs, increase sales, improve customer satisfaction, and gain a competitive advantage.

About Growpay

Growpay is an online marketplace, helping simplify payment discovery for businesses worldwide. For more information, visit www.growpay.co.