Apple today announced that Tap to Pay on iPhone is now available in eight addiitonal Latin American countries. This means that independent sellers, small merchants, and large retailers in those countries can now use their iPhones as a payment terminal.
Starting today, the following countries and payment platforms in Latin America will offer Tap to Pay on iPhone, so businesses of all sizes and sectors, from transportation and retail to food, beverage, beauty and professional services, can offer Tap to Pay on iPhone as a method to complete a purchase:
- Argentina : Mercado Pago
- Colombia : SumUp, Symbiotic
- Costa Rica : Geopagos, Symbiotic, Visa Acceptance Solutions
- Dominican Republic : Azul, Visa Acceptance Solutions
- Guatemala : Geopagos, Symbiotic
- Honduras : Geopagos, Symbiotic
- Panama : Geopayments, Symbiotic
- Peru : SumUp
Tap to Pay on iPhone is compatible with contactless debit and credit cards from major payment networks, including American Express, Mastercard, and Visa.
Introduced in February 2022, the feature allows individuals and merchants with an iPhone XS or newer to accept contactless payments through supported iPhone apps. The merchant simply holds out their iPhone, and the customer holds their iPhone, Apple Watch, another digital wallet, or contactless credit card near the device and a secure payment will be made via NFC technology.
No additional hardware or credit card machine is required to use Tap to Pay on iPhone. The feature uses NFC technology to securely authenticate contactless payments, plus the feature also supports PIN entry, which includes accessibility options. All transactions made using Tap to Pay on iPhone are encrypted and processed using the Secure Element, and Apple doesn’t know what is being purchased or who is buying it.
Payment platforms and developers can integrate Tap to Pay on iPhone into their iOS apps, making it easy for merchants to enable this secure and convenient feature.
