How Apple’s Tap to Pay Will Empower Mollie’s Customers

Mollie has launched Apple’s Tap to Pay on iPhone for its UK customers.

This launch comes after Mollie rolled out the NFC technology in France, the Netherlands and Germany.

Apple’s Tap to Pay means businesses will not need to purchase additional hardware to accept contactless payments, including digital wallets, Apple Pay and credit/debit cards.

Dave Smallwood, UK Managing Director of Mollie, explains: “We are laser-focused on ensuring every UK business is able to offer a seamless checkout experience and offer all of the relevant payment methods - whether online or in-person. 

"We are excited to offer Tap to Pay on iPhone in the UK, allowing local businesses to give their customers more choice and flexibility. 

"This is an exciting step forward in our mission to make money management effortless for every business in the UK.” 

Meet Mollie

Mollie is a European fintech organisation that equips businesses with efficient money management and payment processing solutions. 

Its platform offers integrations with innovative features and e-commerce platforms and empowers businesses to accept in-person and online payments.

By focusing on security, efficiency and simplicity, Mollie strives to strengthen the fintech ecosystem and future of digital payments across Europe. 

How will this support Mollie’s mission?

Mollie’s launch of Apple’s Tap to Pay system will mirror its mission to make money management effortless.

Tap to Pay on iPhone will offer several benefits for Mollie’s customers, including:

• Seamless activation 
  Tap to Pay on iPhone features in the Mollie app for those running the latest version of iOS and using an iPhone XS or later
• No extra hardware needed
  Businesses will not need to purchase, set up or manage card readers
• Contactless convenience 
  Tap to Pay on iPhone accepts contactless, in-person payments on an iPhone from Apple Pay, digital wallets and physical debit and credit cards

Not only will this innovation improve the checkout experience for customers and streamline operations but it will also enhance flexibility for merchants by allowing them to accept contactless payments anywhere. 

By embracing this solution, Mollie will reduce barriers to payment acceptance, empower businesses of all sizes and strengthen its commitment to providing efficient, accessible and cost-effective financial services across Europe.

Wider integration

Many payment providers have integrated with digital wallets to enable secure and seamless transactions for consumers and businesses.

By expanding their digital wallet offerings, these payment providers continue to catalyse the rise in mobile-first, cashless transactions in the digital banking and fintech ecosystem.

Those providers who have embraced several digital wallet offerings include:

• Square
  
• Enables contactless payments via Apple Pay, Samsung Pay and Google Pay by providing tap-to-pay functionality on Android and iPhone
• Adyen
  
• Adyen caters to global merchants by supporting various digital wallets, such as Alipay, Google Pay, Apple Pay, Samsung Pay and WeChat Pay
• Worldpay (FIS)
  Worldpay improved contactless and mobile transactions by enabling businesses to accept payments via Google Pay, Apple Pay, Samsung Pay and PayPal

Other providers, such as Stripe, Klarna and Paypal, have also enhanced their mobile-first transactions to enhance financial inclusion.

These mobile-first transactions - like Tap to Pay on iPhone - drive financial inclusion by allowing individuals and small businesses to accept digital payments without additional hardware.

Not only do they enhance access to cashless, secure transactions but they also promote economic growth and secure broader participation in the global digital economy.

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