Visa adds Tap to Pay on iPhone to its Acceptance Platform #
Visa has added Tap to Pay on iPhone to its Acceptance Platform, allowing merchants to accept contactless payments directly on an iPhone without the need for additional hardware. The update enables businesses to use iPhones as payment terminals, supporting card payments and mobile wallets through a software-based solution
The expansion is aimed at small and medium-sized merchants seeking lower-cost and more flexible acceptance options. Visa said the capability builds on its broader strategy to simplify payment acceptance and increase reach by leveraging consumer devices, as competition intensifies around softPOS and mobile-based acquiring solutions.