Gives merchants ability to securely accept in-person, contactless payments anywhere Sephora is first customer
J.P. Morgan Payments announces the launch of Tap to Pay on iPhone for its merchant clients in the U.S. The solution allows merchants to accept contactless payments using their iPhones, without the need for a dedicated payments card reader or additional hardware.
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“We’re excited to partner with J.P. Morgan Payments to deliver Tap to Pay on iPhone and continue to bring innovative payment solutions to the Sephora shopping journey”
Using only an iPhone, merchants can now accept contactless payments, without a physical terminal. The result is a differentiated payment experience where merchants and their customers can engage and pay anywhere with Wi-Fi or cellular service, resulting in a quick and seamless checkout experience. The solution gives merchants the ability to accept payments anywhere in-store or on the move.
Takis Georgakopoulos, Global Head of Payments, J.P. Morgan said, “Today’s announcement marks a critical moment in time for the evolution of our business. Enhancing the ability for consumers to pay with their preferred method of payment is part of our broader, customer-centric approach to simplify omnichannel payment acceptance for our merchant clients. As consumer payment needs continue to rapidly evolve, this is a significant demonstration of our ability to innovate at scale to support our merchant clients through this ongoing transformation.”
Sephora is the first J.P. Morgan Payments client to enable Tap to Pay on iPhone, which is currently rolling out across all its U.S. freestanding stores. With Tap to Pay on iPhone, Sephora’s Beauty Advisors can accept contactless credit and debit cards, Apple Pay, and other digital wallets anywhere in the store simply by using their iPhone and the mobile Point of Sale App – no additional hardware needed, regardless of the purchase amount. Tap to Pay on iPhone is a critical part of the product strategy to uphold J.P. Morgan Payments’ commitment to offering seamless, end-to-end payment and transaction experiences for both businesses and consumers.
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“We’re excited to partner with J.P. Morgan Payments to deliver Tap to Pay on iPhone and continue to bring innovative payment solutions to the Sephora shopping journey,” said Stefan Jensen, Vice President, Treasurer, at Sephora. “Sephora operates with a customer-first mindset, and our goal is to provide an elevated shopping experience in all of the ways that our beauty community chooses to shop with us. Tap to Pay on iPhone allows our Beauty Advisors to complete contactless transactions easily with only an iPhone—anywhere in the store. It’s a win-win: our customers get a transparent and secure transaction without waiting in a long queue, and our Beauty Advisors have more freedom to build meaningful connections with our shoppers.”
J.P. Morgan Payments’ offering of Tap To Pay on iPhone will provide the ability for clients to accept payments from contactless credit cards, debit cards, and NFC-enabled digital wallets available on smartphones and smart watches.
Max Neukirchen, Global Head of Payments & Commerce Solutions, J.P. Morgan Payments said, “Giving consumers the ability to simply tap-and-go is very exciting. This solution means our merchants don’t need to worry about certain pain-points like card reader Bluetooth connectivity, terminal power charging or manually entering card information. This will bring a truly flexible checkout process which is great for merchants and customers alike.”
Tap to Pay on iPhone is very simple for the users. The merchant’s employee selects Tap to Pay on iPhone, they have the customer tap their contactless card or mobile device to the employee’s iPhone, and then the payment is seamlessly completed.
J.P. Morgan Payments will be expanding Tap to Pay on iPhone to U.S. merchants over the next year, which will include small-and-medium-sized business merchants.
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