Chase Payment Solutions, a division of J.P. Morgan Payments, has announced the extension of Tap to Pay functionality on iPhone for its merchant clientele in Canada. This advancement, enabling merchants to accept contactless payments solely through an iPhone, was previously launched by J.P. Morgan Payments in the United States in August 2023. Sephora stands as the inaugural client in Canada to adopt Tap to Pay on iPhone, with implementation underway across more than 130 standalone stores nationwide.
Max Neukirchen, Global Co-Head of J.P. Morgan Payments, expressed enthusiasm about this expansion, stating, “When we introduced Tap to Pay on iPhone for our U.S. merchants last year, we were among the pioneers in offering this convenient and flexible tap-and-go checkout method. Today, we are pleased to extend these capabilities to Canadian merchants as part of our ongoing efforts to modernize our Payments business. With consumer demand increasingly favoring fast, convenient, and seamless payment experiences, we are committed to scaling our innovations to assist merchants in meeting—and surpassing—these expectations.”
The implementation of Tap to Pay on iPhone at Sephora allows Beauty Advisors to accept contactless credit and debit cards, Apple Pay, and various digital wallets throughout the store, using only their iPhone and Sephora’s proprietary mobile point-of-sale app—eliminating the need for additional hardware. This feature enables merchants and customers to engage and transact seamlessly anywhere within the store with Wi-Fi or cellular connectivity.
Stefan Jensen, Vice President, Treasurer at Sephora, emphasized the brand’s dedication to innovation and enhancing the customer shopping journey, stating, “Introducing Tap to Pay on iPhone in our U.S. stores last year demonstrated the enthusiasm of our beauty community for this new payment method. We are excited to expand this offering to our Canadian market, enabling our Beauty Advisors to seamlessly provide personalized beauty recommendations and conduct contactless transactions with ease, using only an iPhone, from any location within the store.”
In the United States, Sephora supplements existing payment terminals with Tap to Pay on iPhone, ensuring a comprehensive payment experience tailored to customer preferences.
Key features of Tap to Pay on iPhone include:
- Acceptance of payments from contactless debit and credit cards, as well as NFC-enabled digital wallets on smartphones and smartwatches.
- Transaction initiation by the merchant’s employee through selection of Tap to Pay on iPhone in the mobile point-of-sale app, followed by the customer tapping their contactless card or digital wallet to the employee’s iPhone to complete the payment process.
Chase Payment Solutions intends to extend Tap to Pay on iPhone to additional Canadian merchants, including small and medium-sized businesses. For further details about this solution, visit the provided link.
Globally, J.P. Morgan Payments integrates treasury services, trade and working capital solutions, card services, and merchant capabilities to facilitate cross-border payments in various currencies. Processing nearly $10 trillion in payments daily across over 160 countries and more than 120 currencies, J.P. Morgan Payments reported revenue of $18.3 billion in 2023, marking a 31% increase from the previous year, excluding the impact of equity investments.
[Note: The article contains additional information regarding system requirements and availability of Tap to Pay on iPhone, which can be accessed through the provided link.]
