Square launches support for Apple's Tap to Pay
After several months in an early access program, and limited to a small number of businesses, Square has finally rolled out support for Apple's Tap to Payas collected MacRumors. Said tool, presented by those from Cupertino just in February of this year, will allow the iPhone to become a payment receiving terminal contactless.
It is worth mentioning, however, that support for Tap to Pay in Square Currently only available in the United States. However, the company led by Jack Dorsey hopes to expand compatibility to other parts of the world in the near future.
From Square they point out that any iPhone from the XS model can become a Tap to Pay terminal. All collectors need to do is open the service app, hold it close to the buyer's device, and wait for the buyer to authorize the transaction. The screen will show the amount to be paid, the name of the business, an icon of the product category, and a series of instructions on how to authorize the payment.
Tap to Pay accepts payments from any smartphone with a digital wallet, Apple Watch, and even payment-enabled credit or debit cards contactless.
More platforms get on the Tap to Pay train
"As more and more consumers use mobile to pay with digital wallets and credit cards, Tap to Pay on iPhone will give businesses a secure, private and easy way to accept contactless payments and unlock new payment experiences using the power, security and convenience of the iPhone," says Apple.
And speaking of security, at Apple they emphasize that it is a 100% secure system. "Customer payment data is protected by the same technology that makes Apple Pay private and secure. All transactions made with Tap to Pay on iPhone are encrypted and processed with the Secure Element, and just like with Apple Pay, Apple does not know what is bought or who buys it," they explain.
Square isn't the only payment platform rolling out support for Tap to Pay. Adyen Y Stripe are doing the same, although the second is a set of tools aimed at developers. Chase and GoDaddy will also jump on the bandwagon of Apple's proposal. Most, however, will begin rolling out such support on US soil.
Apple, for its part, has also implemented its system in some Apple Stores in the North American country.