Apple has rolled out Tap to Pay on iPhone in Singapore, allowing thousands of businesses to accept in-person contactless payments using only an iPhone.

The feature is already available through partner-enabled iOS apps and works on iPhone Xs or later running the latest iOS version.

Merchants can take payments from contactless credit and debit cards, Apple Pay and other digital wallets without additional hardware.

Customers hold their card or device near the merchant’s iPhone to complete the transaction using NFC technology.

This setup allows businesses to process payments wherever they operate.

The first payment platforms supporting the feature in Singapore include Adyen, Fiuu, HitPay, Revolut, Stripe and Zoho. Grab will add support early next year.

The feature works with major card networks in Singapore, including American Express, JCB, Mastercard, UnionPay and Visa.

Apple said the system processes transactions through the Secure Element and does not store card numbers or transaction details on devices or Apple servers.

The company added that payment data for Store and Forward transactions may be stored temporarily on the device in encrypted form.

Apple also noted that some contactless cards may not be accepted and that transaction limits may apply.

Featured image: Edited by Fintech News Singapore, based on image by Apple Developer