myPOS enables Tap to Pay on iPhone for merchants in the UK
By Gloria Methri
London-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.
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