logo

Adyen enables Tap-to-Pay on iPhone in seven new European markets

Finextra27-05-2025
Adyen, the global financial technology platform of choice for leading businesses, has officially enabled Tap to Pay on iPhone in seven new markets: Belgium, Croatia, Cyprus, Denmark, Iceland, Luxembourg, and Malta.
0
The functionality allows businesses such as Suitsupply, an international men's fashion brand with more than 100 stores worldwide, to enable iPhones to accept contactless payments without the need to purchase or manage additional hardware. By expanding Tap to Pay on iPhone to new markets, Adyen continues to provide best in class solutions for in-person payments.
'With Tap to Pay on iPhone, we're enabling a secure, scalable and smooth payment process for merchants and their customers that enhances the shopping experience, rather than interrupting it,' said Alexa von Bismarck, President EMEA at Adyen. 'The in-store experience remains a key touchpoint between consumers and brands, so we're proud to be expanding this offering to even more countries today in partnership with Apple'.
'Tap to Pay on iPhone has been a key component in delivering a best-in-class checkout experience for our customers,' said Valentijn Bolle, IT Product Owner at Suitsupply. 'We've already implemented Tap to Pay on iPhone in every available country, equipping more than 2000 Style Advisors with their own personal device for this purpose. Together with Adyen, we're looking forward to providing this seamless, flexible and efficient payment experience to even more customers across the globe.'
Tap to Pay on iPhone accepts all forms of contactless payments, including contactless credit and debit cards, Apple Pay, and other digital wallets, using only an iPhone and a supporting iOS app — no additional hardware or payment terminal needed. Using an iPhone XS or later, running the latest version of iOS, at checkout, merchants will simply prompt the customer to hold their contactless payment method near the merchant's iPhone, and the payment will be securely completed using NFC technology.
Tap to Pay on iPhone will enable Adyen's customers to stay at the forefront of innovation by:
Simplifying in-person payments by removing the dependence on payment hardware to accept transactions, providing a complementary way to accept payments for line-busting.
Getting up and running quickly with installation and onboarding, allowing businesses to scale up their payment operation.
Providing safe and fast checkout experiences that increase mobility on location.
Allowing for a convenient and secure way to pay for customers since transactions are encrypted and payment data is protected by the same technology that makes Apple Pay private and secure.
Tap to Pay on iPhone uses the built-in features of iPhone to keep business and customer data private and secure. When a payment is processed, Apple does not store card numbers or transaction information on the device or on Apple servers.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Clearpool to provide stablecoin financing for fintechs
Clearpool to provide stablecoin financing for fintechs

Finextra

time2 hours ago

  • Finextra

Clearpool to provide stablecoin financing for fintechs

Clearpool is expanding into Payment Financing (PayFi), a rapidly growing credit vertical powering global stablecoin payments for leading fintechs across remittance, card processing, and on/off-ramp services. 0 Clearpool will be launching a new product, PayFi Credit Pools, for users to access these highly liquid, real-world yield opportunities and cpUSD, a permissionless, yield-bearing asset that enables retail to tap into the fastest-growing segment of real-world stablecoin payments. ✓ Highly liquid ✓ Non-crypto-related, real-world yield ✓ No long lockups ✓ DeFi-composable The Stablecoin Moment Is Now Stablecoins have become core infrastructure powering payments, remittances, and merchant rails worldwide. From LATAM to Africa to Southeast Asia, and even Europe or the US, a new generation of fintechs is using USDC and USDT to settle real-world flows instead of traditional banking rails. However, while stablecoins settle quickly, fiat money doesn't always move as fast. Fintechs Need Working Capital Remittance platforms, cross-border processors, and card issuers process billions of dollars every day. But to deliver instant transfers or swipe-to-settle experiences, they must prefund liquidity. Meanwhile, settlement from the sender side takes 1-5 days. Without credit, these fintechs face a cash gap, a working capital void that slows down their operations. Enter Payment Financing (PayFi), a trillion-dollar industry once reliant on heavy pre-funding, is now being revolutionized by stablecoins offering real-time liquidity and flexible funding solutions. 'After originating over $830+ million in stablecoin loans, Clearpool is evolving to build the credit infrastructure needed to power the trillion-dollar stablecoin payments industry,' said Jakob Kronbichler, CEO & Cofounder of Clearpool. 'What many overlook is that while stablecoins settle instantly, fiat does not, forcing fintechs to front liquidity to bridge that gap. Clearpool is solving this with trusted, proven credit infrastructure, now advancing further through PayFi credit pools and cpUSD.' Clearpool's PayFi Credit Pools Introducing the first PayFi Credit Pools through Port Vaults. Clearpool facilitates credit to institutional lenders specializing in short-term stablecoin-based working capital to fintech operators. This includes remittance platforms or credit card issuers that must front liquidity for every transaction. Clearpool is the liquidity behind the liquidity.

Nexo hires Lorenzo Pellegrino as chief banking officer
Nexo hires Lorenzo Pellegrino as chief banking officer

Finextra

time2 hours ago

  • Finextra

Nexo hires Lorenzo Pellegrino as chief banking officer

Nexo, the leading digital assets wealth platform, is pleased to announce the appointment of Lorenzo Pellegrino as its Chief Banking Officer (CBO) — a move that reinforces Nexo's mission to build a globally accessible platform for wealth creation and preservation through digital assets. 0 Pellegrino brings over two decades of fintech leadership to Nexo, most notably as CEO of Skrill and NETELLER, where he helped shape the digital wallet landscape and scaled trusted financial products used by millions. His tenure at Paysafe Group, a NYSE-listed company, reflects deep experience in navigating high-growth markets, building robust financial tools, and aligning innovation with global compliance. At Nexo, Lorenzo will lead the expansion of the company's industry-leading infrastructure, including digital asset accounts, global on- and off-ramps, cross-border settlements, and the pioneering dual-mode Nexo Card. He will focus on strengthening strategic partnerships and scaling core services across the digital asset ecosystem. His appointment marks a pivotal step in Nexo's evolution into a full-spectrum digital finance partner for individuals and institutions. 'After decades in the payments and digital wallet space, I've seen firsthand how difficult it is to bridge convenience with compliance, speed with stability,' said Lorenzo Pellegrino, Chief Banking Officer at Nexo. 'What Nexo is doing — unifying digital assets with real-world financial utility — is exactly the kind of challenge I thrive on', Pellegrino said. He will also oversee the global rollout of the Nexo Card and related infrastructure — helping users unlock everyday utility from their digital assets, while reinforcing the company's broader wealth-building vision. Pellegrino's proven ability to lead large-scale, cross-border financial platforms makes him uniquely positioned to support Nexo's continued growth across global markets. 'Lorenzo joins us not just with deep fintech credentials but with a vision that aligns perfectly with Nexo's trajectory,' said Kosta Kantchev, co-founder of Nexo. 'He's built financial products that scale and last. That's exactly what we're doing — creating lasting value for our clients across every market we serve.' As CBO, Lorenzo will also serve as a public voice for Nexo, contributing to the global dialogue on TradFi-crypto convergence, cross-border finance, and the infrastructure needed to support the next generation of wealth solutions.

Doconomy arrives on Temenos Exchange
Doconomy arrives on Temenos Exchange

Finextra

time7 hours ago

  • Finextra

Doconomy arrives on Temenos Exchange

Doconomy, a leading impact fintech company providing banks with innovative tools to drive financial wellbeing and sustainability worldwide, today announced that their product Impact Finance is available on the Temenos Exchange partner ecosystem of solution providers. 0 Impact Finance is an out-of-the-box UX solution steeped in behavioral science concepts that allows banks to maximize benefits of their core banking technologies to drive both digital product revenues and customer financial wellbeing. The platform is highly customizable for rapid implementation and seamless integration into retail banks' digital channels. By offering an engaging and gamified digital experience, including the ability for customers to create shared group goals, Impact Finance serves as an ideal organic acquisition channel, effectively attracting new customers. It enables end users to share their dreams with their bank and discover easy ways to make them come true by saving, investing or being offered other banking products that speak to their individual needs. Leveraging the power of Temenos' Core Banking and Payments solutions, and easily embedded in the bank's digital platforms, Impact Finance allows banks to maximise returns from their current infrastructure, supporting their end customers financial wellbeing, while increasing engagement, loyalty and profitability towards a stronger customer-bank digital relationship. On the Temenos Exchange, Doconomy joins a selection of curated and assessed solution providers that help banks innovate faster. Monty Bhatia, EVP, Global Alliances and Partner Ecosystem, Temenos, said: 'We are excited to welcome Doconomy to Temenos Exchange, making their Impact Finance solution readily available to banks globally running on our platform. Temenos Exchange partners deliver innovative complementary solutions, empowering our customers to enhance their services while reducing development costs.' 'We are delighted to be part of Temenos Exchange, joining a vibrant community of innovators dedicated to accelerating innovation in the retail banking sector. The availability of Doconomy's Impact Finance on this platform allows financial institutions to leverage years of behavioral science research, proven methodologies, and battle-tested solutions. It's designed to empower retail banks to maximize their core banking technologies while supporting their customers' financial wellbeing needs and sustainability preferences,' said Mathias Wikström, Chief Executive Officer at Doconomy. Impact Finance not only allows banks to drive deposits, investments and other digital banking products while supporting their customers' financial expectations and dreams but also has a meaningful impact in terms of sustainability, engagement and loyalty. Banks are able to shape the Impact Finance solution to fit different demographics and engagement levels spanning from save goals to green investments.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store