Apple is bringing a new payment method to Germany. In the future, merchants will be able to accept contactless payments via iPhone. We’ll explain to you how Tap to Pay works.
Apple introduced the Tap to Pay payment function as early as 2022. Since then, the feature has been available in Europe, including in the Netherlands and Italy. Now Germany is also following suit. We’ll explain to you how Tap to Pay works.
How does Apple’s Tap to Pay work?
Contactless payment has become enormously important since the Corona pandemic at the latest. Whether with a smartphone, smartwatch or NFC-enabled card – at the supermarket checkout one of these little helpers is usually just held up to the reader.
However, with the introduction of Apple’s Tap to Pay, the number of retailers offering contactless payment is likely to increase significantly. Because they only need an iPhone to accept contactless payments. A specially purchased card reader or receiving device is no longer necessary.
As usual, customers can simply pull out their smartphone or smartwatch to pay and use it to pay contactlessly. The only difference: The receiving device can now also be an iPhone.
However, it is irrelevant whether the buyer uses an iPhone or Apple Pay. With Tap to Pay, payments from Apple and Google Pay as well as those with NFC-enabled cards can be accepted.
This is how payments are processed
However, payments via Tap to Pay are not processed by Apple itself. As the US company reports, the payment providers Adyen, Commerz Globalpay, myPOS, Nexi, SumUp and Viva are included at the start. More are expected to follow this year. These include Revolut, the Sparkassen-Finanzgruppe and Stripe.
You can currently pay at Tap to Pay with credit and debit cards from American Express, Mastercard and Visa, among others. But the Girocard should also be possible soon. According to Apple, the savings banks will provide the appropriate support for this later this year.
Tap to Pay: No money transfer between friends
Tap to Pay is intended to make it easier for small and medium-sized merchants in particular to offer electronic payments. Therefore, Tap to Pay is not available for transferring money between private users. So you can’t just send your friends money from iPhone to iPhone.
However, Apple has announced this feature for iOS 18. Then Tap to Cash should make it possible to send money between iPhones. However, the function is initially tied to the “Apple Cash” account, which is only available in the USA – so it cannot be used in this country.
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