Payments platform Adyen has announced that it is working alongside Apple to develop its Tap to Pay offering for iOS.
The new option is expected to be released later this year and is currently being developed with US customers in mind. Additionally, the firm is in contact with its commerce customers such as Lightspeed and NewStore, so that a plan can be made for the quick rollout of the service. It is understood that NewStore will spearhead the launch through one of its customers – contemporary clothing line Vince.
Jona Georgiou, GM, Payments and Financial Services at Lightspeed, commented: “Lightspeed is known for providing the latest technology to our merchants, so they have the most impactful tools to run their business. Partnering with Adyen to provide Tap to Pay on iPhone is a huge win for our U.S. customers. This feature gives merchants even more checkout options to provide amazing customer experiences.”
Tap to Pay will be supported by iPhone models XS and up, alongside the newer touchscreen product line from Apple. Businesses will be able to use their devices to accept Apple Pay, contactless credit or debit card payments, as well as digital wallet options.
On the launch preparations, Founder and CEO of NewStore Stephan Schambach added: “Adyen has been at the forefront of innovation with NewStore since our inception. Together, we have already put iPhones in the hands of thousands of store associates. Now, these devices can become payment terminals with no additional hardware.
“By bringing Tap to Pay on iPhone to our growing list of shared customers, NewStore and Adyen will provide a more convenient, seamless, and secure payment experience for both associates and consumers.”
Adyen COO Kamran Zaki concluded: “In-person payments are evolving, and customers are asking for a reliable, affordable, and easy to scale mobile payment solution with a simplified integration. 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. This builds on our longstanding support for Apple Pay since 2014 which we enable for online and in-store transactions globally. We’re excited to continue working with Apple to enable another easy and secure payment solution with Tap to Pay on iPhone,” Zaki concluded.
