Stripe has expanded its payment options with Tap to Pay on iPhone.

Businesses using the financial infrastructure platform can now accept in-person payments with Apple’s technology, with no additional hardware or payment terminal needed.

At checkout, a merchant prompts the customer to hold their contactless credit or debit card, iPhone or Apple Watch, or other digital wallet near the merchant’s iPhone, and the payment will be securely completed using NFC technology.

Tap to Pay on iPhone also supports PIN entry, which includes accessibility options.

“Tap to Pay on iPhone means millions of UK businesses can now accept contactless payments with a device that many of us already have in our back pockets”, said Ruhi Dang, EMEA product manager at Stripe. “For a small business, this easy-to-deploy technology means they can accept contactless payments from more customers in more places, and scale quickly.”

UK digital bank Monzo has partnered with Stripe to allow its business banking customers to accept contactless payments on their iPhone.

“Getting paid is a pain point for so many businesses and we hear from our customers just how important it is to make this process easy and quick,” said Jordan Shwide, head of business banking at Monzo. “That's why we’re offering Tap to Pay on iPhone, to make accepting payments on the move simpler and to make sure our business customers can focus more on doing what they love.”

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