Global financial technology platform, Adyen is bringing Tap to Pay on iPhone to its Australian retail customers.
Partnering with NewStore for the launch, businesses including R.M. Williams, Lorna Jane and Munro Footwear Group, parent company to Mathers, Williams, Midas and Mountfords, can now accept contactless payments using an iPhone and NewStore Associate iOS app.
Adyen and NewStore enable Tap to Pay on iPhone for their joint customers, which 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.
At checkout, merchants simply 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 built-in features of iPhone to keep data private and secure. When a payment is processed, Apple doesn’t store card numbers on the device or Apple servers.
NewStore founder and CEO, Stephan Schambach said, “Terminal-less payments are the future of retail. Brands no longer have to rely on POS technologies that are not always portable or user-friendly.
“By enabling Tap to Pay on iPhone for retailers like R.M.Williams, Lorna Jane, and Munro Footwear Group in Australia, we will offer the same convenience and security that our customers in the US, UK, and the Netherlands are already experiencing. We look forward to working with Adyen to bring this capability to other regions in the future.”
Adyen country manager for Australia and New Zealand, Hayley Fisher commented, “We are thrilled to be bringing Tap to Pay on iPhone to Australian merchants. This represents a significant step forward in the evolution of digital payments, offering Australians a fast, secure, and convenient way to make transactions. We believe this technology will revolutionise the payments landscape and provide immense value to both consumers and businesses.”
Tap to Pay on iPhone enables Adyen’s customers to simplify in-person payments by removing the dependence on additional payment hardware to accept contactless transactions, get up and running quickly with installation and onboarding, provide safe and fast checkout experiences that increase mobility, and allow for a private and secure way to pay for customers since transactions are encrypted and payment data is protected.