By PYMNTS | January 11, 2023
Tulip has added Tap to Pay connected iPhone to its omnichannel point-of-sale (POS) system.
Enabled by the company’s concern with planetary FinTech level Adyen, this diagnostic allows businesses to judge in-person, contactless payments — including carnal debit and recognition cards, Apple Pay and different integer wallets — connected an iPhone, Tulip said successful a Tuesday (Jan. 10) press release.
No different terminals, readers oregon hardware are needed, according to the property release.
“The satellite of retail is perpetually innovating and contactless exertion is an important element,” Tulip CEO Ali Asaria said successful the release. “We are thrilled to beryllium 1 of the archetypal to connection Tap to Pay connected iPhone and spot it arsenic portion of our committedness to bringing agile and modern exertion to retailers and their customers.”
PYMNTS probe has recovered that 36% of consumers surveyed said they preferred to marque contactless payments.
This penchant is causing retailers to alteration the outgo options they offer, with much than three-quarters of merchants saying they connection contactless payments, according to the “Next-Gen Debit Tracker,” a collaboration betwixt PYMNTS and PULSE, a Discover company.
Mobile wallets were merchants’ astir communal offerings (63%), followed by touchless paper payments (44%) and QR codes (25%), according to the report.
Mobile commerce (mCommerce), which refers to consumers buying connected their mobile phones, is simply a rapidly increasing conception of the eCommerce market, Adyen Vice President of Product, Data and Partnerships Rehman Baig told PYMNTS successful an interrogation posted successful June.
“As user buying behaviors proceed to change, you’re seeing a accelerated displacement wherever mobile-first isn’t conscionable an enactment anymore. It’s efficaciously a halfway requirement,” Baig said astatine the time.
In summation to being casual to use, the solution provided by Tulip and Tap to Pay connected iPhone is unafraid and backstage due to the fact that it uses the iPhone’s built-in features that support information and bash not store paper numbers connected the instrumentality oregon Apple servers, according to Tulip’s Tuesday property release.
“Tap to Pay connected iPhone and Tulip region the complexities of processing and maintaining a customized outgo merchandise by providing a afloat certified solution that you tin easy alteration connected your app,” the property merchandise said.
PYMNTS Data: Why Consumers Are Trying Digital Wallets
A PYMNTS study, “New Payments Options: Why Consumers Are Trying Digital Wallets” finds that 52% of US consumers tried retired a caller outgo method successful 2022, with galore choosing to springiness integer wallets a effort for the archetypal time.