Digital Wallet News

NatWest Enables Tap to Pay on iPhone for UK Businesses

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NatWest has today enabled Tap to Pay on iPhone to all eligible businesses across the UK

Apple’s contactless payment acceptance technology is now available to UK businesses via the NatWest Tap to Pay iOS app.

Tap to Pay on iPhone provides businesses with a simple solution to seamlessly and securely accept contactless payments using an iPhone and NatWest’s Tap to Pay app — with no additional hardware or card readers required.

Tap to Pay on iPhone accepts contactless payments*, including Apple Pay, contactless credit and debit cards and other digital wallets. When merchants use the NatWest Tap to Pay app on their iPhone, they simply need to ask customers to hold their preferred form of contactless payment near the merchant’s iPhone and the payment will be made seamlessly and securely**.

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Apple’s Tap to Pay on iPhone technology uses the built-in features of iPhone to keep businesses’ and customers’ data private and secure. When a payment is processed, Apple doesn’t store card numbers on the device or on Apple servers, so business owners can rest assured knowing their business stays theirs. Tyl is backed by NatWest, meaning customer payments are in safe hands with the trust and security of one of the UK’s biggest high street banks.

Tap to Pay on iPhone is easy to set up and easy to use. On an iPhone XS or later running the latest iOS version, merchants can simply download the NatWest Tap to Pay app on the App Store. New merchants can set up Tap to Pay on iPhone within the NatWest Tap to Pay app and start accepting payments quickly, while existing merchants can speak to Tyl by NatWest  to get Tap to Pay on iPhone added to their account.

Mark Brant, Chief Payments Officer, NatWest said: “Customers now expect the convenience and wider choice of using contactless credit or debit cards, as well as digital wallets such as Apple Pay, to make seamless and secure purchases wherever they shop. Equally, entrepreneurs and businesses are always looking for ways to streamline their operations, boost sales and connect with their customers regardless of location, all while benefiting from tech to make their own sales experience seamless. And for aspiring entrepreneurs, you just need a good business idea and an iPhone to start getting paid – enabling a whole new wave of opportunities.

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“Tap to Pay iPhone within the NatWest Tap to Pay app enables us to meet all of these needs and put contactless payments into the pockets of businesses, optimising the in-person payment experience for all. NatWest was one of the first UK banks to bring Apple Pay to customers in the UK, and we are proud to continue to provide access to the latest in payments technology by being one of the first to bring Tap to Pay on iPhone to merchants in the UK.”

Merchants also benefit from an all-in-one NatWest Tap to Pay app that allows them not only to accept contactless payments but also to track sales and transaction history on their day-to-day business performance. They can couple this with further insight and support available within Tyl’s sophisticated customer portal which helps merchants track sales trends, payments and invoices while setting up marketing and loyalty programmes to drive further business.

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[To share your insights with us, please write to sghosh@martechseries.com]

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