Apple officially added the “one touch collection” function to the iPhone, making it more convenient for small businesses to receive payments.

Apple

There was news earlierOutgoing Apple will build-in contactless payment collection for the iPhone, and as a result, they have already taken the lead in launching it in the United States today called “Tap to Pay“The new feature. Small merchants only need to hold an iPhone XS or newer model, which can be used directly as a POS machine, and not only Apple Pay, but also other third-party digital wallets, contactless credit cards, and debit cards can be used.

Stripe, a payment gateway service provider, has confirmed that it will be the first payment platform to implement the Tap to Pay feature, so the Shopify store service platform, one of its partners, will also benefit. Other developers can start testing integrated features through the beta program at the end of 2022. As for Apple stores, they will also start using the Tap to Pay function to collect payments for customers at the end of this year. Tap to Pay will use the iPhone’s NFC antenna for data exchange. Apple unexpectedly emphasized privacy, saying that transaction data will be encrypted and they will not be able to obtain information regarding transaction users and content.

The relevant payment terminal function is said to be acquired by Apple Mobeewave However, this transaction, which will only be completed in 2022, can be integrated into iOS so quickly. It seems that Apple is also working hard to promote its achievements in the field of financial technology.

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