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Apple Announces Reverse Apple Pay

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Feb 8, 2022, 5:43 PM   by Rich Brome   @rbrome

Later this year, Apple will add "Tap to Pay on iPhone" to iOS. This new feature will let merchants accept contactless (NFC) payments using only an iPhone and a compatible app. The software developer kit (SDK) for this feature will launch to developers "in an upcoming iOS software beta". The Stripe platform and the Shopify Point of Sale app will be first to support the technology "this spring", with additional platforms and apps to follow later this year. The feature will work with iPhone XS and later (including iPhone 11 series and newer.) Previously, the NFC hardware in iPhones was only enabled to make contactless payments, not accept them. Merchants needed a separate NFC accessory (either attached or connected via Bluetooth) to accept payments; this will no longer be necessary. Tap to Pay on iPhone will be able accept all standard contactless payments, including Apple Pay, Google Pay, and contactless physical credit cards.

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sp_5015

Feb 8, 2022, 8:46 PM

Reverse Apple Pay

Will Tom Selleck be the spokesman?
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