A couple days ago, Apple launched support for Tap to Pay in Ukraine.
What Tap to Pay does is it allows merchants to use their iPhone as a POS system and accept payments from customers using their iPhone or Apple Watch via Apple Pay and Apple Card, as well as being able to accept contactless physical credit and debit cards.
Ukraine-based PrivatBank is the first financial institution there to get support for Tap to Pay.
Gerhard Boesch, Chairman of the Board of PrivatBank, stated that the company is proud to be the first to offer Tap to Pay to its customers.
“We are delighted to launch Tap to Pay on iPhone for entrepreneurs and businesses in Ukraine and to be providing this simple and secure solution that offers greater flexibility for accepting payments for businesses of all sizes, from street vendors to large retailers,” he said. “As a state-owned bank with the largest share of small and medium-sized businesses, we feel a great responsibility to support businesses to scale – and save – with fast, in-person payment solutions.’’
In order to use Tap to Pay on an iPhone, the person must be using an iPhone XS or newer. It is also recommended to be on iOS 16 or iOS 17 on the iPhone being used.
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