Apple Announces Feature That Will Convert iPhones To POS Devices

Apple has announced Tap to Pay, a new payment feature that will allow payments to be made using iPhone only. Thanks to the feature, vendors will be able to receive payments by extending their iPhone, just like a pos machine will extend their customers’ iPhones or contactless cards.

Today, with the Wallet application, it offers users the opportunity to store their cards in one place. apple, today has signed an innovation that will go far beyond its competitors in payment convenience. The company is launching the new feature ‘confirming the allegations made earlier’.Tap to Pay announced.

With the Tap to Pay feature, iPhone-owning customers and merchants simply do not have to deal with any card transactions or cash. by bringing their phones closer together will be able to process the payment. In addition, merchants accept credit and debit cards from MasterCard, Visa, Discover, and American Express. from contactless They will also be able to receive payments only on their iPhones.

It can be used on all models of iPhone XS and above:

According to the statement, the Tap to Pay feature can be used to integrate into applications for payment platforms and developers. Stripe will be the first platform to use Tap to Pay. Users who want to use the Tap to Pay feature are the only must-haves. iPhone XS or higher to an iPhone model and they will have the iOS version that supports this feature.

tap to share

After the setup phase, the vendors can get the customers from their customers with just a tap. via NFC can receive payment. The Tap to Pay feature will be protected by the Secure Element, the data protection chip used in Apple Pay. for each purchase a separate and unique ID will be created. Tap to Pay will be supported by most vendors that accept Apple Pay. Feature coming in the spring period It will be released for users in the US. Also, the feature will be available for developers in the next iOS beta.

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Source :
https://www.apple.com/newsroom/2022/02/apple-unveils-contactless-payments-via-tap-to-pay-on-iphone/


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