back Back

myPOS enables Tap to Pay on iPhone for merchants in the UK

By Gloria Methri

October 18, 2023

  • Apple Pay
  • Contactless Payments
  • Digital Wallet

myPOS, Tap to Pay on iPhone, UKLondon-based payments company myPOS is introducing Tap to Pay on iPhone for businesses in the UK. Tap to Pay is available within the myPOS Glass app and allows merchants to accept contactless payments directly on their iPhones, with no additional hardware.

“As global smartphone penetration and contactless adoption continue to spread, we want to ensure that even the smallest merchants have the technology to grow their sales,” said Rob Hay, CEO of myPOS Payments Ltd.

“With Tap to Pay on iPhone and myPOS Glass, business owners can start taking payments from anywhere – in the store or on the go. We are excited to simplify in-person payments by offering a fast and secure experience that increases mobility.”

myPOS clients with iPhone XS or later can accept contactless payments by downloading and opening the myPOS Glass app, ringing up the sale, and presenting their iPhone to the customer. In return, the shopper needs only to tap a contactless payment method like Apple Pay, another digital wallet, or a contactless card.

Merchants new to the platform can start using Tap to Pay on iPhone with myPOS Glass after opening an account and going through online verification. By becoming a client, they will benefit from a free merchant account, a free business card, and immediate deposits of all accepted payments at no extra cost.

For Tap to Pay on iPhone, no additional costs are applied to the merchant and no separate devices are needed. All transactions are encrypted and secure. Business and customer payment data is safeguarded by the same technology that keeps Apple Pay private. So, when a payment is processed, card numbers are not stored on the device, the myPOS app, or on Apple servers.

To take advantage, business owners can try out the myPOS Glass Starter plan, which allows merchants to pay only as they get paid. It comes with no upfront commitment, no fixed costs, and the ability to cancel at any time.

Previous Article

October 18, 2023

Astra Tech’s Botim & IME to streamline Nepalese expats’ remittances

Read More
Next Article

October 18, 2023

InsurTech Acturis partners with FullCircl for next-gen data enrichment

Read More

IBSi Daily News Analysis

UK, Bank

July 12, 2024

Apple Pay

Global securities lending revenue sees sharp 16% decline to $2.53bn in Q2 2024, study shows

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

July 12, 2024

Nuvei and Mastercard team to enable crypto to fiat conversion

Read More

July 12, 2024

Payset and ClearBank partner for local and cross-border payments

Read More

July 12, 2024

Network International launches Business Payment Solutions with Mastercard

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q2 2024
Know More
Wealth Management & Private Banking Systems Report Q2 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
Get your copy now! IBSi Sales League Table 2024