Great news for shopkeepers, now the hassle of swipe machine is over, iPhone has become the weapon for taking payments.

News India Live, Digital Desk: You have gone to a shop to buy goods, the shopkeeper does not have a big card machine, rather he takes out his iPhone from his pocket, touches your card on it and the payment is done. Yes, this is not a scene from a spy movie, but a new feat by Apple. Apple has launched an amazing feature ‘Tap to Pay’ in Hong Kong, which is going to change the world of payments. Let us understand in very simple language what this new technology is and how it will benefit small shopkeepers. Now iPhone itself has become a ‘mobile’ bank machine. Till now, if a shopkeeper had to take card payment, he had to get that heavy black or blue colored ‘POS machine’ or card reader from the bank. One had to pay its rent and also had the added headache of charging it. But this new ‘Tap to Pay on iPhone’ feature of Apple has changed the game. How it works?: Now the shopkeeper should have only one iPhone (which has the latest iOS). Process: When you buy the goods, the shopkeeper will enter the payment amount in his iPhone. You just have to touch (tap) your credit/debit card or your mobile (with Apple Pay) on the shopkeeper’s iPhone. Technology: It transfers money securely with the help of NFC technology, without any wire or machine. A boon for small traders. Started in Hong Kong, this service has made small cafes, taxis and small stores there happy. Money Saving: Now they do not have to buy or rent a card swipe machine. No need to spend. Ease: You can take payment anytime, anywhere. There is no need to carry heavy machines in fairs or even during home delivery. Will this system come to India also? Now this service has started in countries like America, UK, Japan and now in Hong Kong. Apple may also be preparing to bring it in India where UPI is prevalent. If it comes to India, it could be the next big revolution for shoppers after ‘Paytm Soundbox’. Currently, users in Hong Kong are now carrying around their ‘payment counter’ in their pocket. This move by Apple shows that plastic cards will probably be here in the future, but the machines that grind them may go to the museum!

Comments are closed.