Square Begins Testing iPhone Contactless Payments Before Broad Rollout
Square is working with Apple to enable Tap to Pay for iPhone functionality within the payment company’s point of sale app, it said Thursday. An early access program began Thursday for select sellers to begin testing the new technology before…
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a broader rollout later this year. Apple launched Tap to Pay on iPhone in February (see 2202080076), announcing Stripe as the first payment platform to use the technology. The in-person payments market continues to evolve, driven by buyer preferences for contactless payments and an “industry-wide migration” toward more secure payments enabled by near-field communication technology, it said.