Venmo

PayPal launches Tap to Pay on iPhone for businesses using Venmo and Zettle in the USPayPal announced today that it’s launching “Tap to Pay” for merchants with an iPhone through the Venmo and Zettle apps in the U.S. PayPal, which owns both Venmo and Zettle, says the feature will allow businesses to accept contactless card and digital wallet payments directly on their iPhones with no additional cost or hardware. In addition to being able to accept payments from cards or digital wallets like Apple Pay or Google Pay, Tap to Pay allows merchants to add taxes, accept tips, send receipts and issue refunds without any additional hardware. Funds from sales are quickly put into a business’s Venmo or PayPal Zettle account, the company says. With Tap to Pay on iPhone, Venmo business profile users will be able to reach for customers by accepting payments from buyers even if they don’t have a Venmo account. A year later, Strip enabled businesses to carry out Tap to Pay transactions on NFC-equipped Android devices, as well.