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“We are delighted to launch Tap to Pay on iPhone for entrepreneurs and businesses in Ukraine and to be providing this simple and secure solution that offers greater flexibility for accepting payments for businesses of all sizes, from street vendors to large retailers,” said Gerhard Boesch, Chairman of the Board of PrivatBank. “As a state-owned bank with the largest share of small and medium-sized businesses, we feel a great responsibility to support businesses to scale – and save – with fast, in-person payment solutions.”
The in-person, contactless payment service should now be available to the bank’s clients. This includes the merchants in the country using the Terminal app on their iPhones.
The arrival of the service is part of Apple’s continuous work to expand Tap to Pay in other countries and territories. In September, the iPhone maker released it in Brazil. Prior to that, Tap to Pay also arrived in the Netherlands and the United Kingdom. Other countries where it is now available include the US, Taiwan, and Australia.
Using the NFC chip in the device, Tap to Pay allows merchants to accept payments by simply using their iPhones without the need for additional card readers. It is compatible with Apple Pay, digital wallets, and contactless credit or debit cards. Nonetheless, it is important to note that Tap to Pay on iPhone requires iPhone XS or newer models.