Adyen (AMS: ADYEN), the global financial technology platform of choice for leading businesses, brings Tap to Pay on iPhone to its Australian retailer customers.
By partnering with NewStore for the launch, businesses “including R.M.Williams, Lorna Jane, and Munro Footwear Group, parent company to Mathers, Williams, Midas and Mountfords, can now accept contactless payments using only an iPhone and the NewStore Associate iOS app.”
Adyen and NewStore will “enable Tap to Pay on iPhone for their joint customers, which accepts all forms of contactless payments, including contactless credit and debit cards, Apple Pay, and other digital wallets, using only an iPhone and a supporting iOS app — no additional hardware or payment terminal needed.”
At checkout, merchants will “prompt the customer to hold their contactless payment near the merchant’s iPhone, and the payment will be securely completed using NFC technology.”
Apple’s Tap to Pay on iPhone technology “uses the built-in features of iPhone to keep the business’ and customers’ data private and secure.” When a payment is processed, Apple doesn’t store card numbers “on the device or on Apple servers.”
Stephan Schambach, Founder and CEO, NewStore, said:
“Terminal-less payments are the future of retail. Brands no longer have to rely on POS technologies that are not always portable or user-friendly. By enabling Tap to Pay on iPhone for retailers like R.M.Williams, Lorna Jane, and Munro Footwear Group in Australia, we will offer the same convenience and security that our customers in the U.S., U.K., and the Netherlands are already experiencing. And we look forward to working with Adyen to bring this capability to other regions in the future.”
Peter Clarke, Chief Technology Officer, Lorna Jane.
“It’s important for us to remain innovative, it’s in our brand DNA, so we’re pleased to be one of the first major retailers in Australia to implement Tap to Pay on iPhone. Taking away an extra device and hurdle in the transaction flow will let us offer an even more seamless experience for our customers and staff at Lorna Jane’s 100+ stores across the country.”
Tap to Pay on iPhone will enable Adyen’s customers to stay at the forefront of innovation by:
- Simplifying in-person payments by removing the dependence on additional payment hardware to accept contactless transactions.
- Getting up and running quickly with installation and onboarding, allowing businesses to scale up their payment operation.
- Providing safe and fast checkout experiences that increase mobility on location and on the go.
- Allowing for a convenient, private and secure way to pay for customers since transactions are encrypted and payment data is protected by the same technology that makes Apple Pay private and secure.