Tap to Pay on iPhone allows merchants to accept all forms of contactless payments, including contactless credit and debit cards, Apple Pay, and other digital wallets, using only an iPhone and the Tatra banka POS app.
The introduction of Tap to Pay on iPhone responds to growing demand for simple and flexible cashless payment acceptance solutions. More than 6 million transactions are processed through Tatra banka POS terminals every week, while around 60,000 transactions are carried out via the Tatra banka POS app. This number is expected to continue growing.
Tatra banka has long been delivering digital services that simplify the daily operations of entrepreneurs. By bringing the Tatra banka POS app available on iPhones as well, we enable them to accept payments easily, securely, and without the need for additional devices. The iPhone they use every day thus becomes a convenient and secure tool for accepting payments,” says Pavol Kubas, Head of the ATM and Payment Terminal Services Department.
This project is another successful result of IBA Group’s cooperation with banks belonging to the RBI Group. The partnership has lasted for many years and enables entrepreneurs in different European countries to use their own smartphones as payment terminals. Today, the service is successfully operating in Albania, Croatia, Kosovo, Hungary, Romania, Serbia, Slovakia, and Ukraine.
The solution opens up new opportunities for entrepreneurs to accept payments, makes their businesses more flexible, and enables payment acceptance to be organized in new industries and areas where the use of a traditional payment terminal was difficult or impractical.
