Apple announces Tap To Pay feature to collect payments directly with iPhone without installing a credit card reader

Apple announced plans to launch the Tap To Pay function in the United States this year, which will allow merchants to collect payments without a credit card reader and only need the relevant App and the NFC function of the iPhone.

After the Tap To Pay function is officially launched, merchants in the United States can collect payments through iPhone XS or newer iPhones, which supports contactless credit cards and deductions. Debit card, iPhone, Apple Watch or other digital wallet.

Currently, U.S. merchants most commonly use Square's card readers, which are connected to Lightning and used with iPhones to collect payments. The emergence of Tap To Pay can eliminate the need for third-party hardware.

And Stripe will be the first payment platform to support Tap To Pay. It is estimated that more payment platforms will support Apple's Tap To Pay feature later this year.

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