London fintech SumUp offers ‘Tap to Pay’ for UK and Dutch businesses, enabling safe iPhone contactless payments.
‘Tap to Pay’ on the iPhone has been made available to SumUp’s merchant customers in the UK and the Netherlands. SumUp is a London-based fintech that offers technologies to help business growth. utilizing just an iPhone with the SumUp iOS app loaded, businesses utilizing SumUp can now securely accept all contactless payment methods, including Apple Pay, contactless credit and debit cards, as well as other digital wallets.
SumUp customers can accept contactless payments from any location as long as they have a compatible iPhone because Tap to Pay doesn’t require any additional hardware. It will also be accessible to all SumUp merchants, regardless of their size or the age of their business.
According to SumUp, Tap to Pay on the iPhone is a “ideal stepping stone” for nano merchants who want to develop their businesses and take into account payment options in addition to other business tools. The fintech’s ultimate goal is to further democratize digital payments, which is in line with one of its main objectives.
Following the announcement in 2021 that SumUp will accept Apple Pay across its software and hardware solutions, Tap to Pay on iPhone is the second collaboration between Apple and SumUp.
Step that “reduces entry barriers and has the potential to spur entrepreneurship”
According to Giovanni Barbieri, senior strategic growth manager at SumUp, “This roll-out is an extension of our existing work supporting payment for SMEs and merchants of all sizes. Our mission is to make business simple for our merchants.”
Importantly, Tap to Pay on the iPhone is quick, private, and secure, safeguarding both parties to the transaction. I’m very happy with the product’s superb functioning and the fact that it lowers entrance barriers and has the ability to encourage entrepreneurship.
Merchants can use Tap to Pay in conjunction with card readers and point of sale (PoS) systems in addition to using the solution as a stand-alone offering for nano merchants to collect payments.
The iPhone’s built-in features maintain the confidentiality and security of client and corporate data. All contactless payment methods, including contactless credit and debit cards, Apple Pay, and other digital wallets, are accepted via Tap to Pay on iPhone. The SumUp app will display Tap to Pay on iPhone as a payment option.
Anyone with an iPhone XS or later can use the program. Card numbers won’t be stored by Apple on the gadget or its servers.
