Apple has officially launched Tap to Pay on iPhone in Canada, allowing merchants to use an iPhone alone to accept contactless payments of any size from contactless credit and debit cards, Apple Pay, and other digital wallets. All that’s required is a partner-enabled iOS app: retailers won’t need any additional hardware of payment terminals.
Payment platforms and developers can integrate Tap to Pay on iPhone into their iOS apps, making it easy for merchants to enable this secure and convenient capability. Starting today, Adyen, Moneris, Stripe, and Square are the first payment platforms in Canada to offer Tap to Pay on iPhone. In the coming months, Aurus, Chase Payment Solutions (a part of J.P. Morgan Payments), Fiserv, and Helcim will enable Tap to Pay on iPhone for customers in Canada.
Tap to Pay on iPhone will also be available at merchants such as Sephora, as well as Apple Store locations across the country later this year. Tap to Pay on iPhone works with contactless credit and debit cards from leading payment networks, including American Express, Interac, Mastercard, and Visa.
With Tap to Pay on iPhone, merchants can unlock contactless payment acceptance through a supporting iOS app on an iPhone Xs or later running the latest iOS version. At checkout, the merchant prompts the customer to hold their contactless credit or debit card, iPhone, or Apple Watch, or other digital wallet near the merchant’s iPhone, and the payment will be securely completed using NFC technology. No additional hardware is needed, so merchants can accept payments from wherever they do business.
Contactless payments such as Apple Pay are already accepted at more than 90% of Canadian retailers.
With Tap to Pay on iPhone, customer payment data is protected by the same technology that makes Apple Pay private and secure. All transactions made using Tap to Pay on iPhone are encrypted and processed using the Secure Element, and as with Apple Pay, Apple doesn’t know what is being purchased or who is buying it.