With the feature, anyone with an iPhone XS or later will be able to accept contactless payments without any additional hardware or a payment terminal needed. The buyer will simply tap their iPhone, Apple Watch, or credit card with contactless payment technology to the other handset.
Tap to Pay for iPhone will be available for payment platforms and app developers to integrate.
Stripe will be the first payment platform to offer the feature on an iPhone for business customers.
The feature uses the same security technology found in Apple Pay.