FinTech news in contactless payments category

Dapio’s launch is a sign of where the U.K. payments scene is currently — where contactless payments aided by NFC technology have exploded, making up a quarter of all payments in the country.

Apple has announced plans to introduce a new Tap to Pay feature for iPhone that turns the device into a contactless payment terminal. The company says that later this year, U.S. merchants will be able to accept Apple Pay and other contactless payments, including Google Pay, by using an iPhone and a partner-enabled iOS app. \[…\]