Zettle by PayPal enables Tap-to-Pay on iPhone for UK users
By Gloria Methri
Swedish FinTech Zettle by PayPal has integrated a Tap-to-Pay feature to enable users in the UK to accept contactless payments on their iPhones.
With fewer consumers carrying cash, side hustlers and small businesses are more dependent on the ability to accept card or mobile payments. With Tap to Pay on iPhone, sellers can start accepting payments within minutes of signing up or logging into the PayPal Zettle Go iOS app without the need to pay for or manage card readers.
Using Tap to Pay on iPhone is easy, secure, and private. At checkout, merchants will simply prompt the customer to hold their contactless payment near the merchant’s iPhone, and the payment will be securely completed using NFC technology.
“Contactless payments are becoming second nature to British consumers. In fact, more than 90% of Zettle by PayPal UK transactions are contactless,” said Vincent Belloc, Managing Director, PayPal UK. “At PayPal, we are committed to finding ways in which our small business customers can accept contactless payments in a seamless and secure manner. With Tap to Pay on iPhone, we are providing millions of Zettle by PayPal users in the UK with access to a more efficient way to help drive sales and offer their customers greater choice and convenience.”
Tap to Pay on iPhone adds to the solutions already offered by Zettle by PayPal, and is a convenient solution for all sellers and small businesses. Offering customers more choice in how they can pay, Tap to Pay on iPhone enables businesses to accept a range of contactless payments on the spot, including cards and popular digital wallets like Apple Pay, with no additional hardware or costs. In addition, users will get quick access to the money they make straight into their Zettle by PayPal account.
Tap to Pay on iPhone is also available in the U.S. to select Venmo business profile and PayPal Zettle customers. The company plans to make the service available to all Venmo business profiles and Zettle customers in the U.S. soon.
IBSi Daily News Analysis
September 22, 2023
Banks can capitalize on new dynamics in a changing industry, study showsRead More
IBSi FinTech Journal
- Most trusted FinTech journal since 1991
- Digital monthly issue
- 60+ pages of research, analysis, interviews, opinions, and rankings
- Global coverage