The evolution of mobile commerce is transforming how merchants accept payments in physical locations. Traditional payment terminals are no longer the only option for businesses looking to process in-person transactions. New solutions that leverage existing mobile devices are helping retailers simplify operations, reduce hardware dependencies, and create more flexible checkout experiences for customers and employees alike.
One of the latest innovations is Tap to Pay on iPhone, which enables businesses to accept contactless payments directly on an iPhone without requiring a separate payment terminal. By combining mobility, security, and ease of deployment, this technology gives retailers new ways to streamline in-store payments while meeting growing consumer demand for fast and convenient checkout experiences.
SAN FRANCISCO (July 12, 2022) – Adyen (AMS: ADYEN), the global financial technology platform of choice for leading businesses, has officially launched Tap to Pay on iPhone, which allows businesses to use iPhones to accept contactless payments.
By partnering with NewStore, businesses like Vince and Burton can accept payments via the new product. Adyen is also partnering with New Black to enable the product for retailers like G-Star and Scotch & Soda. In addition to offering the solution to partners, Tap to Pay on iPhone will also be made available directly to retailers and platforms including Nike, Lightspeed and Fresha.
“We’re excited to expand upon our partnership with NewStore and Adyen to become one of the first retailers in their network to bring Tap to Pay on iPhone to our retail store locations,” said Jack Schwefel, Chief Executive Officer, Vince. “Our customers expect an elevated in-store experience and we are confident that the ease and convenience of this new payment option will resonate with both current and new Vince shoppers.”
“NewStore and Adyen are always on top of the emerging trends that allow us to provide the best shopping experience possible, and bringing Tap to Pay on iPhone to our stores this quickly and easily is a great example of that,” added Brian McAllister, Director of Global Operations, Consumer Direct, Burton. “The biggest advantage of this feature is it eliminates our dependence on traditional payment terminals, which means we can now offer an even more seamless and secure way to accept payments.”
“Tap to Pay on iPhone is easy to use, and leverages the built-in security features of iPhone to keep your business and your customer data private and secure,” says Kamran Zaki, COO at Adyen. “This new way of paying will change how consumers and businesses view mobile payments. We are proud to officially be live, enabling businesses to give customers more choice and flexibility.”
Tap to Pay on iPhone will enable Adyen’s customers to stay at the forefront of innovation by:
- Simplifying in-person payments by removing the dependence on payment hardware to accept transactions giving them access to a complementary way to accept payments
- Getting up and running quickly with installation and onboarding that allows businesses to scale up their payment operation easily
- Providing seamless checkout experiences that increases mobility on location to provide an easy and fast checkout experience for shoppers.
- Allowing for a convenient, safe, and secure way to pay for customers since transactions are encrypted and payment data is protected by the same technology that makes Apple Pay private and secure.
As retailers continue to modernize their payment environments, solutions that reduce complexity while improving customer convenience will become increasingly important. The ability to accept contactless payments directly on a mobile device can help businesses increase flexibility, support mobile checkout experiences, and reduce reliance on dedicated hardware.
With Tap to Pay on iPhone, merchants gain access to a secure and scalable payment acceptance solution that aligns with changing consumer expectations. As mobile payments continue to grow, innovations like these are likely to play a larger role in the future of in-store commerce.
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About Adyen
Adyen (AMS: ADYEN) is the financial technology platform of choice for leading companies. By providing end-to-end payments capabilities, data-driven insights, and financial products in a single global solution, Adyen helps businesses achieve their ambitions faster. With offices around the world, Adyen works with the likes of Facebook, Uber, H&M, eBay, and Microsoft. Adyen continuously improves and expands its product offering as part of its ordinary course of business. New products and features are announced via press releases and product updates on the company’s website.