iphone tap to pay


Customers of Tyro Payments in Australia can now accept in-person contactless payments seamlessly and securely with Apple’s Tap to Pay on iPhone contactless payment acceptance technology using the new ‘Tyro BYO’ app.

Thanks to this development from Tyro, merchants can now accept contactless payments, including Apple Pay, contactless credit and debit cards and other digital wallets, using only an iPhone with the Tyro BYO app – without the need for additional hardware or a payments terminal.

At checkout, the merchant will simply prompt the customer to hold their iPhone or Apple Watch to pay with Apple Pay, their contactless credit or debit card, or other digital wallets near the merchant’s iPhone, and the payment will be securely completed using NFC technology. Tap to Pay on iPhone also supports PIN entry, which includes accessibility options.

Apple’s ‘Tap to Pay on iPhone’ technology also uses the built-in features of an iPhone to keep businesses’ and customers’ data private and secure. After payment is processed, Apple does not store card numbers on the device or on Apple servers.

Tap to Pay in Australia
Jon Davey, CEO of Tyro Payments

Jon Davey, CEO of Tyro, explained how the new offering can benefit merchants simply: “Tap to Pay on iPhone is a fantastic simple and secure way for new or existing Tyro customers to accept payments using only their iPhone, anytime, anywhere – without the need for additional hardware. We are excited to provide this new offering to our customers, providing greater flexibility when staff are working on-site or on the move. It couldn’t be simpler. Just download the Tyro BYO App to start accepting customer payments on your iPhone in minutes.”

Merchants will be able to unlock contactless payment acceptance through the Tyro BYO App on an iPhone XS or later running iOS 16.4 or later. To gain access, merchants are required to set up an account in the Tyro Portal and download the Tyro BYO App to begin accepting payments.

Australian businesses can also sign up for Tap to Pay on iPhone through distribution partnerships, including through Telstra. Telstra customers can access everything they need to set up their small business by purchasing an iPhone, signing up for Tap to Pay on iPhone and getting started on the Tyro BYO App.



Image and article originally from thefintechtimes.com. Read the original article here.