Tap to Pay on iPhone Arrives in Singapore: A New Payment Era
As someone who's always keeping an eye on the latest mobile tech, I couldn't help but notice Apple's recent move. They've officially launched Tap to Pay on iPhone in Singapore. What this basically means is that merchants, from your neighborhood store to bigger businesses, can now use their iPhones as payment terminals.
Think about it – no more clunky card readers! It's all happening thanks to NFC technology, which securely handles those contactless payments. And get this, it even supports PIN entry for added security, with accessibility options included. This isn't entirely new, though. The US got this feature back in February 2022. Now, Singapore is joining the party.
Tap to Pay on iPhone works with Apple Pay, contactless credit and debit cards, and other digital wallets. According to Apple, all transactions are encrypted. I think this is great because Apple ensures our privacy about our purchase history. So, it seems like our purchase details remain confidential. It’s a win-win!
Initially, Tap to Pay will be supported by Adyen, Fiuu, HitPay, Revolut, Stripe, and Zoho in Singapore. Next year, Grab will also be offering this feature. If you want to use Tap to Pay on your iPhone, you will need an iPhone XS or a newer model. It works like any other Apple Pay transaction would. It's pretty simple for sellers, I imagine. You just open the app, enter the amount, and let the buyer tap their card or device.
Currently, Tap to Pay on iPhone is available in 50 countries and regions worldwide. It is quite impressive, when I think about it! I remember when contactless payments were still a novelty. Now, they're becoming the norm, and Apple is making it even easier for businesses to embrace this technology. It's interesting to see how mobile payment systems are evolving and simplifying transactions for both businesses and consumers. It's exciting to think about what's next!
Source: Mac Rumors