Following the release of a new gross deposit funding system in September, payment solutions provider Helcim this week unveiled the launch of Tap to Pay on iPhone for customers in North America.
The feature allows users to securely accept in-person contactless payments with Tap to Pay on iPhone. Merchants can accept all forms of contactless payments, including credit and debit cards and digital wallets, directly onto their iPhone without any additional hardware required.
“We’re always looking for ways to make accepting payments easier and more affordable for small and medium-sized businesses,” explains Nic Beique, chief executive officer of Helcim. “Tap to Pay on iPhone is a game-changer because it removes the need for extra hardware, making it simple for businesses to start accepting payments quickly and cost-effectively.”
The transaction is completed using NFC technology, and Apple doesn’t store card numbers or transaction information on the device or on Apple servers, says Beique, who believes the feature will help a variety of businesses, such as tradesmen and mobile fleets, as well as market vendors and pop-up businesses that need quick and portable solutions.
It’s the latest in a long line of additions to Helcim’s suite of offerings recently.
Things kicked off earlier this year when Helcim raised a $27 million Series B funding round led by San Francisco venture capital firm Headline.
Updates from Helcim since then include the launch of Integrated Payments for Developers and Platforms, a Contract Buyout Program to help businesses switch payment providers, and an Automated Invoice Payments integration QuickBooks that simplifies accounts receivables by offering real-time invoice syncing.
The Calgary fintech was founded in 2006.
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