BT Group taps Adyen to enable Tap to Pay on iPhone for SMBs
By Gloria Methri
BT Group has announced that its digital and startup incubation arm, Etc has partnered with Adyen to enable small businesses to accept in-person contactless payments with Tap to Pay on iPhone.
The Tap to Pay feature allows merchants to accept physical debit and credit cards, Apple Pay and other digital wallets, removing the need for card readers or extra hardware.
The BT Tap to Pay app has been designed with input and feedback from small businesses, mobile workers, and sole traders across the UK to deliver a reliable payment solution. In addition to enabling in-person contactless payments, the app includes built-in security and privacy features, the ability to view payment history briefly, and a simplified refund process.
The partnership combines Etc’s connectivity with Adyen’s expertise in mobile payments to make contactless payments easier for customers. Businesses using the service will benefit from BT Group’s transaction rate of 1.4% on customer payments taken.
Apple’s Tap to Pay on iPhone technology uses the iPhone’s built-in features to keep business and customer data private and secure.
The BT Tap to Pay app is available to download from the Apple App Store today. UK small businesses and sole traders can log in with an EE or BT account to get started within minutes.
Nicole Olbe, UK Managing Director at Adyen, said, “We are excited to be working with BT to bring a brilliant, trusted service to BT’s one million small business customers. Tap to Pay on iPhone and the BT Tap to Pay app provides a secure and fast checkout experience that increases mobility on location and allows for a convenient and secure way for customers to pay. This innovation has simplified in-person payments and removed the dependence small businesses have faced with payment hardware.”
Tom Guy, Managing Director, Etc. at BT Group, said, “Our partnership with Adyen has allowed us to streamline payment processes for small businesses across the UK while providing a quicker and easier way to pay for their customers, all powered by the UK’s best mobile network, EE and removing the need for additional touchpoints. Tap to Pay on iPhone and the BT Tap to Pay app put the power directly into the hands – and phones – of business owners, providing a fast and seamless way to take payments without reliance on extra hardware. All that’s needed is an iPhone and the BT Tap to Pay app.”
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