BNP Paribas wants to bring Tap to Pay on iPhone in France - The Paypers
Financial services company BNP Paribas has revealed its intention to launch the Tap to Pay on iPhone system for its users in France. Tap to Pay on iPhone enables merchants to accept physical debit and credit cards, Apple Pay as well as other digital wallets using only their iPhone and the AXEPTA BNP Paribas app. The system eliminates the need for card readers or extra hardware. When launched by BNP Paribas, Tap to Pay on iPhone will be compatible with the main payment schemes used in France, namely Cartes Bancaires (CB), a scheme that accounts for more than half of daily-life payments on the French market, as well as Visa and Mastercard according to BNP Paribas. Tap to Pay on iPhone uses the built-in features of the app to keep business and customer data private and secure. When a payment is processed, Apple does not store card numbers on the device or on Apple servers to enable secure payments. It's also worth noting that there's no ...