The new Worldpay service, which enables their merchants to utilize an iPhone to securely accept contactless payments, including contactless credit and debit cards, Apple Pay, and other digital wallets—no additional hardware needed—has been introduced by two PayFac partners, Fullsteam and Autobooks.

By 2027, digital wallets and credit and debit cards will handle 86% of all point-of-sale transactions globally, predicts Worldpay's 2024 Global Payments Report. Tap to Pay on iPhone can make it simpler for merchants, field service employees, hair stylists, medical experts, and other business management to satisfy the growing demand from customers for contactless credit and debit cards and digital wallets.

According to Michael Lawler, CEO of Fullsteam, "many businesses are mobile, and if we can utilize existing business tools like iPhone as an untethered POS acceptance device, we are making their lives easier." "Those firms may take advantage of the potent technology currently present in a device that's probably in their pocket with Tap to Pay on iPhone. It has become simpler to provide this cutting-edge experience to our clients and their customers thanks to Fullsteam's connection with Worldpay.

"It's easy and reasonably priced to collect payments from my clients using Tap to Pay on my iPhone," stated Joel Donoghue, owner of Integrity1 Home Inspections and an Autobooks customer. There's no need to take around additional equipment when it can be done perfectly on my iPhone. It truly is revolutionary.

In order to incorporate Worldpay's triPOS mobile toolkit into their point-of-sale app, which they must then make available through the Apple App Store, PayFac partners who wish to offer Tap to Pay on iPhones can collaborate with the company. Once linked, merchants utilizing the app will be able to process payments using an iPhone and accept all contactless payment methods.

"We are creating more chances for companies to take payments in an untethered, safe, and seamless manner because iPhones are the most popular device in the U.S. market," stated Matt Downs, EVP of Platforms at Worldpay."Our PayFac partners can bypass the hassle associated with device certification by providing Tap to Pay on iPhone, while also requiring minimal development effort to integrate."

Worldpay PayFac partners can quickly and simply implement Tap to Pay on iPhone for their merchants due to the simplicity of integration. Utilizing the iPhone's built-in features, Apple's Tap to Pay technology ensures the privacy and security of both merchant and consumer data. Apple does not keep credit card numbers or transaction data on its servers or on the device after a payment is processed.