What is Apple "Tap-to-Pay" feature?
Apple has a way of not being the first but instead representing the great implementer of technologies. Apple Inc is a global multinational technology specializing in designing, inventing, and manufacturing smartphones, laptops/computers, tablets, wearable gadgets, and television. On February 8, 2022, Apple announced the "Tap-to-Pay," which empowers millions of US merchants to use their iPhones to accept contactless credits or debit cards through a simple tap on the iPhone with no additional hardware or point of sales needed. Apple will work closely with leading payment platforms and app developers across the payments and commerce industry to offer Tap-to-pay on iPhone to millions of merchants in the US. Tap-to-Pay on iPhone complements and enhances the robust suite of payment and commerce tools that payment platforms and app developers provide to their merchant customers to help grow their business.
Reference:
Press Release. Cupertino, California. (February 8, 2022). Tap to Pay on iPhone enables a simple tap on their iPhone to seamlessly and securely accept Apple pay, contactless credit cards, debit card, and other digital wallets. https://www.apple.com/newsroom/2022/02/apple-unveils-contactless-payments-via-tap-to-pay-on-iphone/
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