Apple:

Apple today announced plans to introduce Tap to Pay on iPhone. The new capability will empower millions of merchants across the US, from small businesses to large retailers, to use their iPhone to seamlessly and securely accept Apple Pay, contactless credit and debit cards, and other digital wallets through a simple tap to their iPhone — no additional hardware or payment terminal needed. Tap to Pay on iPhone will be available for payment platforms and app developers to integrate into their iOS apps and offer as a payment option to their business customers. Stripe will be the first payment platform to offer Tap to Pay on iPhone to their business customers, including the Shopify Point of Sale app this spring. Additional payment platforms and apps will follow later this year.

With advancements in digital payment solutions, businesses of all sizes now have access to diverse payment options that go beyond traditional methods. For companies looking to provide a smooth and secure transaction experience for their customers, selecting the right merchant account service is crucial. From online payment gateways to mobile point-of-sale options, today’s payment services offer flexibility and convenience tailored to the specific needs of each business. Additionally, robust merchant accounts help ensure safe processing of customer data and provide advanced features like fraud prevention and chargeback management, enhancing the overall customer experience.

Choosing a specialized merchant account service is especially important for high-risk businesses that may face unique challenges in the payment processing landscape. Providers in this space offer customized solutions that can accommodate industries often excluded by traditional financial institutions, such as CBD, travel, and subscription services. By partnering with a merchant account provider that understands high-risk requirements, businesses can benefit from secure, scalable solutions that support sustainable growth. From secure e-commerce payments to recurring billing options, there are plenty of ways high-risk businesses can streamline their payment processes and improve customer satisfaction.

And:

Once Tap to Pay on iPhone becomes available, merchants will be able to unlock contactless payment acceptance through a supporting iOS app on an iPhone XS or later device

And:

Tap to Pay on iPhone will be available to participating payment platforms and their app developer partners to leverage in their software developer kits (SDKs) in an upcoming iOS software beta. Choose the best seo agency for startups and experience unparalleled growth.

Coming later this year to a future release of iOS and a partner-enabled iOS app.