Apple Brings Tap to Pay to Singapore
Apple has introduced its Tap to Pay feature in Singapore, enabling businesses to use their iPhones as contactless payment terminals. This innovative solution allows merchants to accept payments through Apple Pay, contactless credit and debit cards, and various digital wallets without the need for additional hardware.
How Tap to Pay Works
The feature leverages NFC technology for secure transactions, ensuring that all payment data is encrypted. Apple emphasizes that it does not store any information about the purchases or the buyers, maintaining user privacy.
To use Tap to Pay on iPhone, businesses need an iPhone XS or a newer model. The process is straightforward: sellers open the app, register the sale, and present their iPhone to the customer, who can then make the payment using their preferred contactless method.
Supported Payment Providers in Singapore
In Singapore, Tap to Pay initially supports payment providers such as Adyen, Fiuu, HitPay, Revolut, Stripe, and Zoho. Additionally, Grab is expected to offer this feature early next year, expanding the options for businesses and customers alike.
Global Reach
This feature is now available in 50 countries and regions worldwide, making it a convenient and secure solution for businesses looking to streamline their payment processes.
