Payment facilitators who use the Worldpay® PayFac™ suite of services to power their payment services can now enable their merchants to tap to pay on iPhone.
Two PayFac partners, Fullsteam and Autobooks, have launched Worldpay’s new service, allowing their merchants to securely accept contactless payments, including contactless credit and debit cards, Apple Pay and other digital wallets, using an iPhone – without additional Hardware is required.
According to Worldpay’s 2024 Global Payments Report, by 2027, 86% of total point-of-sale transaction value worldwide will be transacted through either digital wallets or credit and debit cards. As retailers, field workers, salons, healthcare professionals and other business leaders look to expand their payment options to include digital wallets and contactless credit and debit cards, Tap to Pay on iPhone can make it easier to meet this increasing consumer demand.
“Many businesses are mobile and when we can leverage existing business tools like the iPhone as an untethered POS acceptance device, we make their lives easier,” said Michael Lawler, CEO at Fullsteam. “With Tap to Pay on iPhone, these businesses can take advantage of the powerful technology already in a device they likely carry in their pocket. Fullsteam’s integration with Worldpay has made it easier to offer this advanced experience to our customers and their customers.”
“Tap to Pay on iPhone is a convenient and affordable way to receive payments from my customers,” said Joel Donoghue, owner of Integrity1 Home Inspections and Autobooks customer. “It’s right on my iPhone, so I don’t have to carry around any extra equipment. It really is a game changer.”
PayFac partners who want to offer tap-to-pay on iPhone can work with Worldpay to integrate its triPOS mobile toolkit into their point-of-sale app, which they must then offer through the Apple App Store. Once integrated, merchants using the app will be able to accept all forms of contactless payments by completing the transaction via an iPhone.
“With iPhones being the most used device in the U.S. market, we are opening up more ways for businesses to accept payments in an untethered, secure and seamless way,” said Matt Downs, EVP of Platforms at Worldpay. “Our PayFac partners can integrate easily and with minimal development effort. By offering tap-to-pay on iPhone, they can also avoid the burden that can come with device certification.”
Because of the easy integration, Worldpay PayFac partners can quickly and easily deploy Tap to Pay on iPhone for their merchants. Apple’s Tap to Pay technology leverages iPhone’s built-in features to keep merchant and customer information private and secure. When a payment is processed, Apple does not store card numbers or transaction information on the device or on Apple servers.