Square has rolled out its Tap to Pay feature on iPhone in
Canada, extending its functionality to Square sellers across the country. This
move positions Square as one of the first businesses in Canada to introduce
this technology, allowing sellers to accept contactless payments directly from
their iPhones without the need for additional hardware or payment terminals.
The service, integrated into Square’s iOS apps such as
Square Point of Sale, Square for Retail, and Square Appointments, comes at no
extra cost, presenting itself as a cost-effective option for entrepreneurs.
Through Tap to Pay on iPhone, Square aims to streamline
in-person commerce for both new and established businesses. Any Square merchant
equipped with a compatible iPhone can accept contactless payments by simply
initiating the Square app, adding the transaction, and presenting their iPhone
to the buyer. Buyers complete the transaction by tapping their contactless
payment method near the seller’s iPhone.
Apple’s Tap to Pay on iPhone technology leverages the
iPhone’s built-in features to ensure the privacy and security of businesses’
and customers’ data. Notably, Apple does not store card numbers on the device
or its servers during the payment process.
Processors Scramble to Offer Tap to Pay on iPhone As Apple Launches the Technology in Canada – Digital Transactions https://t.co/i7pkjzhudn #taptopayon #iphone #taptopay #Canada #Apple #Square @Square @Apple pic.twitter.com/O5Qfr9RUUF
— Digital Transactions (@DTPaymentNews) May 23, 2024
Expanding Business Opportunities
Saumil Mehta, Head of Product at Square, Source: LinkedIn
This rollout in Canada follows previous launches in the
United States, Australia, and the United Kingdom, where Tap to Pay on iPhone
has been embraced by a diverse range of sellers, including mobile
professionals, retailers, and hairstylists, for its ability to facilitate
secure and efficient transactions without additional hardware.
“With Tap to Pay on iPhone, we are further levelling the
playing field for businesses of all sizes to be able to start, run and grow,”
said Saumil Mehta, Head of Product at Square.
“The Canadian business landscape
is competitive and tech savvy, always on the lookout for solutions that can
make operating their business more efficient. Tap To Pay on iPhone helps reduce
some of the barriers to entry for new businesses, and enables existing sellers
to create new ways to sell with nothing more than their iPhone and Square’s
software. They can get set up in minutes and begin making sales in seconds.”
Square has rolled out its Tap to Pay feature on iPhone in
Canada, extending its functionality to Square sellers across the country. This
move positions Square as one of the first businesses in Canada to introduce
this technology, allowing sellers to accept contactless payments directly from
their iPhones without the need for additional hardware or payment terminals.
The service, integrated into Square’s iOS apps such as
Square Point of Sale, Square for Retail, and Square Appointments, comes at no
extra cost, presenting itself as a cost-effective option for entrepreneurs.
Through Tap to Pay on iPhone, Square aims to streamline
in-person commerce for both new and established businesses. Any Square merchant
equipped with a compatible iPhone can accept contactless payments by simply
initiating the Square app, adding the transaction, and presenting their iPhone
to the buyer. Buyers complete the transaction by tapping their contactless
payment method near the seller’s iPhone.
Apple’s Tap to Pay on iPhone technology leverages the
iPhone’s built-in features to ensure the privacy and security of businesses’
and customers’ data. Notably, Apple does not store card numbers on the device
or its servers during the payment process.
Processors Scramble to Offer Tap to Pay on iPhone As Apple Launches the Technology in Canada – Digital Transactions https://t.co/i7pkjzhudn #taptopayon #iphone #taptopay #Canada #Apple #Square @Square @Apple pic.twitter.com/O5Qfr9RUUF
— Digital Transactions (@DTPaymentNews) May 23, 2024
Expanding Business Opportunities
Saumil Mehta, Head of Product at Square, Source: LinkedIn
This rollout in Canada follows previous launches in the
United States, Australia, and the United Kingdom, where Tap to Pay on iPhone
has been embraced by a diverse range of sellers, including mobile
professionals, retailers, and hairstylists, for its ability to facilitate
secure and efficient transactions without additional hardware.
“With Tap to Pay on iPhone, we are further levelling the
playing field for businesses of all sizes to be able to start, run and grow,”
said Saumil Mehta, Head of Product at Square.
“The Canadian business landscape
is competitive and tech savvy, always on the lookout for solutions that can
make operating their business more efficient. Tap To Pay on iPhone helps reduce
some of the barriers to entry for new businesses, and enables existing sellers
to create new ways to sell with nothing more than their iPhone and Square’s
software. They can get set up in minutes and begin making sales in seconds.”
