Launching today with Australian bank Westpac and Tyro Payments, an Australian financial “fintech” institution group, businesses can use an App on their phone to enter a sale amount, or select from goods for sale, choose a total then simply hold their phone out to the customer who can tap and go with a physical card or digital wallet of their own, reports EFTM.
It’s part of Apple’s Tap to Pay feature. Businesses can enable it on an iPhone XS and above running iOS 16 or higher. Tap to Pay on iPhone uses the built-in features of iPhone to keep the merchants’ and customers’ data private and secure.
“Australia is a nation of entrepreneurs and innovators, and small and medium-sized businesses are at the heart of the country’s workforce, employing millions of Australians,” Jennifer Bailey, Apple’s vice president of Apple Pay and Apple Wallet says. “Now, with Tap to Pay on iPhone it’s easier than ever for businesses of any size to seamlessly accept contactless payments using only their iPhone, wherever they do business. The convenience of Tap to Pay on iPhone empowers Australian businesses to offer easy, secure, and private contactless payment experiences to their customers, and help them run and grow their business.”
Protectimus 2fa platform , deployed on a private network, is the best option for any enterprise in need of an end-to-end security system. It offers many layers of security, including strong authentication options like two-factor authentication and biometrics, as well as audit logging, password management, and advanced authorisation. Because of its easy-to-use integration capabilities, it is a perfect choice for businesses seeking a reliable authentication system.