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UTP’s tapeeno app Enables Tap to Pay on iPhone for Merchants in the UK to Accept Contactless Payments

Fintech Finance

tapeeno , UTP’s app for micro-merchants, has enabled its merchants in the UK to seamlessly and securely accept in-person contactless payments with Tap to Pay on iPhone. Tap to Pay on iPhone also supports PIN entry, which includes accessibility options.

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SumUp Introduces Suite of New Solutions to Address Merchant Pain Points

Finovate

“Each of the products we launched demonstrates how the SumUp product ecosystem has grown to cover the critical needs of businesses at each stage of operations, from micro businesses to established ones with complex operations and many employees,” SumUp Chief Product Officer Anna Kuriakose said.

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Everything You Need To Know About What Amazon Is Doing In Financial Services

CB Insights

Similar to its US strategy, Amazon is investing in enabling faster frictionless payments to help boost marketplace sales — always a key focus for the e-commerce giant. Its first entry point in the market was in payments in October 2014. In May 2018, Amazon co-invested with Mastercard in an $8M Series B to ToneTag.

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24 Industries & Technologies That Will Shape The Post-Virus World

CB Insights

In some cases, the technological changes inspired by Covid-19 will come in the form of an acceleration of existing trends — for example, industrial automation and contactless payments. Finance: Demand for contactless options accelerates digital adoption. Contactless payments. Contactless payments.

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