Adyen to Introduce Tap to Pay Option on iPhone to Customers This Year

Adyen, one of the leading fintech platforms has announced that it is working with Apple to introduce Tap to Pay on iPhone for its customers in the U.S. 

The new solution will enable customers to make contactless payments with their iPhones in the U.S.

Currently, Apple is closely working with enterprise commerce and customer platforms including NewStore and Lightspeed Commerce to make this feature available to more businesses. 

With strong backing from Adyen, NewStore will pilot the new feature with its current customer, Vince.

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Benefits for Adyen’s customers

The Tap to Pay feature will offer a range of benefits to Adyen’s customers. Adyen’s customers will now be able to use a payment solution that is secure, easy to use, and scale. 

Besides, businesses will be able to make and accept contactless payments with their iPhones. These include payments made via contactless debit and credit cards, digital wallets, and Apple Pay. 

One of the key requirements of the Tap to Pay feature is that users require an iPhone XS or higher model and a supporting iOS application. 

Kamran Zaki, Chief Operations Officer, Adyen said that in-person payments have evolved and customers are increasingly demanding affordable, easy to scale, and reliable payment solutions. Hence, adding the Tap to Pay option for iPhone users was a logical thing to do. 

He further added that a lot of businesses in the U.S. are providing iPhones to their employees to improve the overall shopping experience of their customers. He said that the company is looking forward to working with Apple to offer another secure payment solution on the iPhone. 

Adyen launches new embedded financial products

Very recently, Adyen announced the rollout of new embedded financial products. The company announced the launch of ‘Adyen for Platforms’ and ‘Issuing’. 

The company’s press release said that marketplaces and platforms will be able to provide customized financial experiences for users, including individual sellers and business owners who use these products. 

In addition, the full suite of platforms and products will help businesses open up new revenue streams and enhance customer loyalty. 

More about Adyen

Adyen is a Dutch financial company that allows businesses to accept point-of-sale payments, mobile, and e-commerce transactions. 

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Karandeep V

Karandeep V

Karandeep was born in Pune, Maharashtra, an upcoming metropolitan city in the Western region of India. While most members of his family are engineers, he had different ideas. He was more inclined toward exploring the non-technical aspects of a business, which is why he studied Bachelors of Business Administration at Symbiosis International University, Pune.  Having said that, his love for new and upcoming technologies remained intact, which is why he has written extensively about technology throughout his career. After a brief stint with a gaming company at the beginning of his career, he discovered that his love for writing was not temporary.  Being a tech geek, he always liked installing and playing around with new applications on his mobile devices and the home desktop. He was fascinated by how technology can simplify even the most mundane and complex tasks with just a few commands. He keeps a close eye on how businesses use different tools to streamline their operations to boost productivity and efficiency. At ToolsMetric, he writes product reviews that cover the main features and specifications of different enterprise applications. The sheer amount of innovation and hard work that goes into building these tech solutions is one of the reasons why Karandeep loves reviewing these tools. Besides product reviews, he also writes interesting news articles and blogs that track the latest developments in the tech industry.  When he is not writing, you can find him rooted to his seat playing video games, watching movies, or supporting his favorite football team. Since his childhood, he has always loved to travel and explore new places. Traveling is a major part of his life due to a myriad of reasons such as experiencing new cultures, food, and traditions. His other hobbies include playing football, cooking, and running.  You can find him on LinkedIn here.

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