Grab, Southeast Asia’s leading superapp, has announced the launch of its new Tap to Pay on iPhone feature, allowing merchant-partners in Singapore to accept contactless payments seamlessly. This development marks a significant step in enhancing the payment experience for both merchants and consumers in the region.
The Tap to Pay on iPhone feature enables merchants to use their iPhones as a payment terminal, eliminating the need for additional hardware. This innovation is expected to streamline transactions, making it easier for businesses to manage payments efficiently. The feature supports a wide range of payment methods, including credit and debit cards, as well as digital wallets.
According to Grab, this new capability is part of their ongoing efforts to provide comprehensive solutions for businesses. “By working with Apple, we’re offering a simpler and more cost-efficient way for merchants of all sizes to accept contactless payments using just the Grab Merchant app on their iPhone,” Julianne Heng, Regional Head of Payments in Grab stated.
Tap to Pay on iPhone enables Grab customers to use a contactless payment acceptance solution that is easy to set up and use. Merchants can unlock contactless payment acceptance within minutes through the Grab Merchant iOS app on an iPhone XS or later, running the latest version of iOS.
Looking ahead, Grab plans to expand this feature to other markets in Southeast Asia, further solidifying its role as a leader in digital payment solutions. As businesses increasingly adopt digital tools, Grab’s Tap to Pay on iPhone is set to play a crucial role in facilitating seamless and efficient transactions across the region.
