UAE merchants will now be able to accept contactless payments using only an iPhone, it was announced on Tuesday.
Magnati and Network International, two leading payment solutions providers and digital commerce enablers, have introduced Tap to Pay on iPhone, enabling businesses to accept contactless payments in the UAE using only an iPhone.
How does it work?
With this feature, merchants can process a variety of contactless payments via credit, debit, and prepaid cards, as well as Apple Pay and other digital wallets, using only an iPhone and the SwipeX iOS app (Magnati) or N-Genius One app (Network International). No additional devices or payment terminals are required.
Tap to Pay on iPhone offers a seamless checkout experience. Merchants simply prompt customers to hold their contactless payment method near the iPhone, and the transaction is securely completed via NFC technology. This solution ensures that both the merchant and customer data remain secure as it uses the phone’s built-in security features. Apple does not store card or transaction information on the device or its servers.
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Nishit Doshi, managing director and head of products, partnerships and data at Magnati, commented: “The introduction of Tap to Pay on iPhone helps enhance the customer experience with contactless payments. For UAE consumers, contactless in-person payments have become second nature, with over 95 percent of transactions now conducted via this method. With Tap to Pay on iPhone, we are equipping businesses in the UAE with an efficient solution that enhances sales while providing customers with greater choice and convenience.”
Jamal Al Nassai, group managing director for merchant services at Network International, MENA, said: “At Network, we’re continuously finding innovative ways to simplify payment acceptance for businesses. With Tap to Pay on iPhone, we’re giving UAE merchants a simple and cost-effective payment solution that works just with their iPhone and Network’s N-Genius One app. Merchants can start accepting payments securely, delivering a seamless experience to their customers.”
How to set it up?
Setting up Tap to Pay is straightforward. New merchants with an iPhone XS or later models, running the latest version of iOS, can download the SwipeX app from the Apple App Store. After a brief digital onboarding process, they can enable Tap to Pay on iPhone and start accepting payments immediately.