back Back

Adyen goes live with Tap to Pay on iPhone with NewStore in NZ

By Gloria Mathias

November 25, 2024

  • Adyen
  • Bank Account
  • chargebacks
Share

Adyen, Pay-by-Bank, Plaid, payments solution, digital finance, financial data, embedded financial services, open banking, bank account, chargebacks, payment fraud, enterprise merchants, Fintech news, Fintech US, NewStore, Fintech News,   FinTech APAC, New Zealand, Tap to Pay on iPhone, Adyen, the global financial technology platform, has made Tap to Pay on iPhone available to its New Zealand retailer customers. By partnering with NewStore for the launch, businesses, including Lorna Jane and R.M. Williams, can now accept contactless payments using only an iPhone and the NewStore Associate iOS app.

Adyen and NewStore will enable Tap to Pay on iPhone for their joint customers. This service accepts all forms of contactless payments, including contactless credit and debit cards, Apple Pay, and other digital wallets, using only an iPhone and a supporting iOS app; no additional hardware or payment terminal is needed. At checkout, merchants will prompt the customer to hold their contactless payment near the merchant’s iPhone, and the payment will be securely completed using NFC technology.

Apple’s Tap to Pay on iPhone technology uses the iPhone’s built-in features to keep business and customer data private and secure. When a payment is processed, Apple doesn’t store card numbers or transaction information on the device or Apple servers.

“Expanding Tap to Pay on iPhone to New Zealand marks a significant step in our mission to simplify and enhance retail experiences for our brands and their customers,” said Michael DeSimone, CEO of NewStore. “Through our partnership with Adyen, we’re empowering retailers to operate with unmatched flexibility and efficiency on a global basis while delivering a truly mobile-first unified commerce experience. This collaboration enables our customers to effortlessly integrate secure, contactless payments that enhance customer satisfaction and support their business growth across new markets.”

Tap to Pay on the iPhone will enable Adyen’s customers with:

  • Simplifying in-person payments by removing the dependence on additional payment hardware to accept contactless transactions.
  • Getting up and running quickly with installation and onboarding allows businesses to scale up their payment operation.
  • Providing safe and fast checkout experiences that increase mobility on location and the go.
  • Allowing for a convenient, private, and secure way to pay for customers since transactions are encrypted and payment data is protected by the same technology that makes Apple Pay private and secure.

“We are thrilled to be one of the first to bring Tap to Pay on iPhone to New Zealand businesses,” said Hayley Fisher, Country Manager ANZ at Adyen. “This represents a new benchmark for digital payments, offering New Zealanders a fast, secure, and convenient way to make transactions. We believe this technology will revolutionise the payment landscape and provide immense value to both consumers and businesses.”

Previous Article

November 25, 2024

Celero Commerce acquires Precision, an electronic payments solution

Read More
Next Article

November 25, 2024

BCT Digital joins mid-segment Private Bank to power credit monitoring

Read More






IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

Episode Six & Secupay partner to ease govt aid disbursal in Germany

Read More

Today

Crypto reigns this Black Friday: Big spends on luxury & global deals

Read More

Today

Mastercard powers MyFatoorah’s payment gateway in the Middle East

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q3 2024
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More