Stripe’s Tap to Pay on Android is currently available in beta on any NFC-enabled Android phone or tablet in the US, Canada, the UK, New Zealand, Australia, and Singapore. It supports transactions made with mobile payments like Google Pay, as well as Mastercard, Visa, and American Express debit and credit cards.
Stripe, a financial infrastructure platform for businesses, today announced support for Tap to Pay on Android, enabling businesses in six countries to accept contactless in-person payments using a compatible phone or tablet.
„Tap to Pay on Android helps businesses build and customize in-person checkouts without the need for traditional point-of-sale hardware.” – according to the press release.
Shoppers expect a unified commerce experience
A recent Stripe survey found that 65% of businesses plan to prioritize a unified in-person and online checkout experience this year, while an industry report reported that 64% of shoppers prefer brands with an online and in-store presence.
With fast integrations and no additional hardware required, Tap to Pay helps businesses add or expand in-person payments with minimal cost and effort, giving businesses across the globe that run on Stripe another way to capture revenue.
“Contactless payments are increasingly becoming the norm, therefore it’s crucial that businesses of all sizes are able to accept this form of payment,” said Dong Min Kim, director of product management, Google Payments. „Android devices already connect billions of people globally, and by teaming up with Stripe to support Tap to Pay, we are providing businesses who have Android devices an easy and cost-effective way to accept contactless payments from their customers.„
Businesses can grow without traditional hardware
Tap to Pay is a feature of Stripe Terminal, which includes a set of APIs and SDKs supporting in-person payments with developer interfaces, card readers, and logistics management.
While some businesses opt for Terminal’s dedicated card readers, Tap to Pay on Android provides an alternative that allows businesses to turn compatible Android devices into contactless mobile card readers.
“Stripe’s launch of Tap to Pay on Android puts contactless payments hardware into the pockets of millions of businesses around the world. Now any business can set up in-person checkout in minutes,” said John Affaki, Terminal business lead at Stripe.
Through Terminal, Tap to Pay is fully integrated with the rest of Stripe, so businesses can manage their in-person and online payments all in one place. This allows them to track customer transactions across channels, provide seamless customer experiences, and simplify reporting and revenue reconciliation. Both Terminal and Tap to Pay are fully compatible with Stripe Connect, which makes it easy for platform businesses to offer their users the ability to accept in-person payments.
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
