UK-based payments company, myPOS, is introducing Tap to Pay on iPhone for businesses in Germany.
Tap to Pay is available within the myPOS Glass app and allows merchants to accept contactless payments directly on their iPhone, with no additional hardware needed. Tap to Pay on iPhone enables merchants to accept all forms of contactless payments, including contactless credit and debit cards, Apple Pay, and other digital wallets.
“Thanks to Tap to Pay on iPhone, businesses can easily accept secure payments on-the-go using their own iPhone, and as a result, gain more satisfied clients. Customers nowadays expect to pay immediately using their contactless cards or digital wallets. Tap to Pay on iPhone provides a convenient way to do that in seconds, and, with myPOS, merchants have access to their funds immediately, at no additional cost,” said Zoltan Gyenge, myPOS Managing Director for the D-A-CH region and Hungary.
myPOS clients with compatible phones - iPhone XS or later - can accept contactless payments by downloading and opening the myPOS Glass app, ringing up the sale and presenting their iPhone to the customer. In return, the shopper needs only to hold a contactless payment method like a contactless debit or credit card, Apple Pay, or another digital wallet near the merchant’s iPhone, and then the payment will be seamlessly and securely completed using NFC technology.
German entrepreneurs are looking forward to the new payment acceptance option.
"We are excited that Tap to Pay on iPhone will further simplify payment acceptance. Taxi
drivers will be able to seamlessly accept contactless payments using an iPhone. If your business is linked to mobility - as is taxi driving - being flexible is extremely important. Tap to Pay on iPhone offers flexibility, convenience and security and accepts all forms of contactless payments, including contactless credit and debit cards, Apple Pay and other digital wallets. We very much welcome the implementation of Tap to Pay on iPhone," shares Ünal Kücüksahin, CEO of Taxi Center Ostbahnhof GmbH - the largest taxi company in Munich.
Merchants new to the myPOS platform can start using Tap to Pay on iPhone with myPOS Glass after opening a myPOS account and going through online verification. What’s more, by becoming a myPOS client, they will benefit from a free merchant account, a free business card and immediate deposits of all accepted payments at no extra cost.
Tap to Pay on iPhone requires an iPhone XS or later, running the latest version of iOS. No additional costs are applied to the merchant and no separate devices are needed.
Additionally, all transactions are encrypted and secure. Apple’s Tap to Pay on iPhone technology uses the built-in features of iPhone to keep the business and customer data private and secure. When a payment is processed, neither Apple nor myPOS store card numbers or transaction information on the device or on Apple servers.
To take advantage, business owners can try out the myPOS Glass Starter plan, which allows merchants to pay only as they get paid. It comes with no upfront commitment, no fixed costs and the ability to cancel at any time.