Apple says your iPhone will soon also work as a point-of-sale (PoS) terminal
2 years, 10 months ago

Apple says your iPhone will soon also work as a point-of-sale (PoS) terminal

Live Mint  

Apple said Tuesday it is expanding the iPhone's capabilities to accept contactless payments, making it easier for merchants to conduct tap-to-pay transactions without having to buy additional hardware. It will also give Apple a competitive edge in the growing world of contactless payments, in which the iPhone, as well as Apple Pay, play a dominant role by effectively turning the iPhone into a point-of-sale terminal. Shares of payment platform company Block, formerly known as Square Inc. with its well-known iPhone dongle used to accept payments, fell more than 1% on Tuesday after Apple’s announcement. Apple’s own retail employees have used a device bolted onto an iPhone to accept contactless payments in its stores, for example.

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Apple says iPhone to accept tap-to-pay without more hardware
2 years, 10 months ago

Apple says iPhone to accept tap-to-pay without more hardware

Associated Press  

NEW YORK — Apple said Tuesday it is expanding the iPhone’s capabilities to accept contactless payments, making it easier for merchants to conduct tap-to-pay transactions without having to buy additional hardware. Shares of payment platform company Block, formerly known as Square Inc. with its well-known iPhone dongle used to accept payments, fell more than 1% on Tuesday after Apple’s announcement. …

Apple iPhone users can now pay directly with just a tap. Know how and where
2 years, 10 months ago

Apple iPhone users can now pay directly with just a tap. Know how and where

Live Mint  

Apple Inc will allow businesses to accept payments directly on their iPhones, bypassing any extra payment hardware such as Block Inc's Square terminals. Fintech firms Stripe and Shopify Point will be the first to offer the "Tap to Pay" feature to business customers in the spring of 2022 in the United States, the company said in a statement. The feature, …

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