New Apple ‘Tap to Pay’ Details and Launch Timeline Revealed | Exclusive

Apple Tap to Pay iPhone to iPhone Credit: Apple
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On the 8th of February, Apple announced that the company planned to introduce Tap to Pay later this year. Tap to Pay is a feature that will allow business owners to accept payments directly through their iPhones, with no additional hardware. Additionally, this feature will be available for developers to add to their iOS apps.

Apple says customers will need an iPhone XS or newer to access this new feature, and Apple claimed this would be available in 2022. Well, I now have more information about this. Let me tell you.

After talking with some people who requested to stay anonymous, I can confidently say Apple will give access to this feature in iOS 16.

It will be available in the first beta and released to the public in September with the new operating system.

This makes the most sense, but now that some sources mentioned it to me, I think this will definitely be the case.

Another source told me business owners who use Tap to Pay and Apple Business Essentials will be able to see each individual transaction from every device.

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This is still being tested, and it’s not guaranteed to be available the time Apple releases Tap to Pay or ever to be available.

Apple is known for canceling things it is working on, although I doubt the company would cancel this. We’ll see soon.

As far as I know, Apple doesn’t plan on charging any fees for this to the merchant or the buyer. Third-party payment processors will charge a fee for their service, but that’s not something Apple can control.

Overall I think this new feature will help more places accept credit card payments without paying a monthly fee to a bank. Stripe and other payment processors still have fees, but they are usually deducted from each transaction and are generally smaller than those charged by banks.

I have some relatives that will really appreciate this, and I’m sure many business owners will, too. Let me know what you think about Tap to Pay in the comments below. I hope you found this article helpful. As always, have a fantastic day.

[The information provided in this article has NOT been confirmed by Apple and may be speculation. Provided details may not be factual. Take all rumors, tech or otherwise, with a grain of salt.]

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