J.P. Morgan provides merchants Tap to Pay on iPhone

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JP Morgan is rolling out support for Apple’s Tap to Pay to its merchant clients in the United States, with Sephora being the first retailer to implement the feature.

Without the use of additional terminals or hardware, retailers can now accept contactless payments in-person using just a tap of a customer’s credit card or mobile wallet. Since 2020, when it paid USD 100 million for Canadian startup Mobeewave, Apple has been developing the feature.

Over the course of the following year, the technology will be made available to JP Morgan’s extensive network of clients, including SMEs.

Read More: JP Morgan offers merchants Tap to Pay on iPhone

TalkFintech Bureau
TalkFintech Bureauhttps://talkfintech.com
TalkFintech is focused on the latest financial sector technologies and tools- covering all tech used by banks, investors, insurance, and wealth management sectors- and also conversations on retail financial management tools.

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