PYMNTS-MonitorEdge-May-2024

Adyen Adding Tap to Pay to iPhones by End of 2022

Adyen

Dutch payments group Adyen has teamed up with Apple to bring Tap to Pay to iPhones for U.S. customers later this year, allowing them to accept contactless payments on their mobile devices without adding other hardware or payment terminals.

Tap to Pay on iPhone enables businesses to accept contactless payments using their iPhone XS or later and a supporting app, including payments via Apple Pay, contactless credit or debit cards or other digital wallets, according to a Thursday (April 7) press release.

“In-person payments are evolving and customers are asking for a reliable, affordable, and easy to scale mobile payment solution with a simplified integration,” said Kamran Zaki, COO at Adyen, in the company press release. “So it made sense to offer Tap to Pay on iPhone to our customers.

“With many businesses increasingly equipping their employees with iPhones to better serve their shoppers, this product will further streamline the checkout processes for shoppers. Tap to Pay on iPhone is going to be a great solution for our customers looking to create even better in-person experiences,” he said.

Adyen and Apple have been working together since 2014, when the company began its support of Apple Pay for global online and in-store transactions.

Adyen is working with Lightspeed Commerce and NewStore among other platforms to bring the feature to more businesses, the company press release says. NewStore will pilot the new capability with its customer Vince backed by support from Adyen.

“Lightspeed is known for providing the latest technology to our merchants so they have the most impactful tools to run their business,” Jona Georgiou, GM, payments and financial services at Lightspeed, said in the press release.

“Partnering with Adyen to provide Tap to Pay on iPhone is a huge win for our U.S. customers,” she said. “This feature gives merchants even more checkout options to provide amazing customer experiences.”

Stephan Schambach, Founder and CEO of NewStore, says the new Tap to Pay for iPhone feature “will provide a more convenient, seamless, and secure payment experience for both associates and consumers.”

Related: Adyen to Expand Into Embedded Financial Products

In March, Adyen unveiled a suite of embedded financial products that will allow platforms and marketplaces to create tailored financial experiences for their users, including small business owners and individual merchants.

PYMNTS-MonitorEdge-May-2024