PayPal Launches ‘Tap to Pay’ on iPhone for U.S. Businesses Using Venmo and Zettle

  1. PayPal has launched “Tap to Pay” on iPhone for U.S. businesses using Venmo and Zettle.
  2. This feature allows businesses to accept contactless card and digital wallet payments directly on their iPhones with no additional cost or hardware.
  3. Merchants can accept payments from cards or digital wallets like Apple Pay or Google Pay, add taxes, accept tips, send receipts and issue refunds.
  4. Funds from sales are quickly put into a business’s Venmo or PayPal Zettle account.
  5. PayPal charges 2.29% + 9¢ for every sale through the tap-to-pay method across Zettle and Venmo.
  6. Tap to Pay on iPhone allows merchants to reach more customers, even if they don’t have a Venmo account.
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