Saturday, June 15, 2024

Revolut Enables Tap to Pay on iPhone for Business and Freelance Customers in the UK

Revolut, the global financial superapp with more than 30 million customers worldwide, today announced it has enabled Apple’s Tap to Pay on iPhone contactless payment acceptance technology for Revolut Pro and Revolut Business customers across the UK.

With Tap to Pay on iPhone and the Revolut iOS app, designed for customers with a Pro account, such as sole proprietors or small business owners, or the Revolut Business iOS app for business of all sizes, Revolut customers will now be able to accept in-person, contactless payments with just an iPhone – no need for additional terminals or hardware. The feature provides an easy way for merchants to accept payments from physical debit and credit cards, Apple Pay and other digital wallets that enable contactless transactions.

For payments to be accepted, customers simply need to hold their contactless card or payment device near the merchant’s iPhone until the transaction is complete, just as with a traditional contactless payment terminal. Apple’s Tap to Pay on iPhone technology uses the built-in features of iPhone to keep both business and customer data private and secure.

Revolut Pro and Business customers can start using Tap to Pay on iPhone directly within the Revolut app or the Revolut Business app. New customers wishing to use Tap to Pay on iPhone can do so by downloading the Revolut app or the Revolut Business app on the Apple App Store using an iPhone XS or later running the latest iOS version. From there, they can sign up with a Revolut Pro or Revolut Business account directly within the app to start accepting contactless payments within minutes.*

James Gibson, GM of Revolut Business: “Since 2017, Revolut Business has been providing hundreds of thousands of business customers around the world with a comprehensive platform to manage business finances effectively.

We are excited to be amongst the first to enable Tap to Pay on iPhone for our business customers in the UK and to be providing this simple and secure solution that offers greater flexibility for accepting payments. We are continuously expanding the benefits of the Revolut Business platform, and this is another great tool to support customers to do business seamlessly.”

Alex Codina, GM of Merchant Acquiring at Revolut: “Our ambition in Merchant Acquiring is to provide customers with the products and services they need to accept payments in a secure and convenient manner.

The launch of Tap to Pay on iPhone allows us to offer greater choice for both consumers and merchants in the UK. We expect to see all kinds of businesses, from retail stores to barbershops and food stands, quickly start accepting in-person contactless payments with only an iPhone.”

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