The feature is included in iOS apps like Point of Sale, Retail, and Appointments.
Sellers open the app, add the transaction, and buyers complete payment by tapping their contactless method.
Square has rolled out its Tap to Pay feature on iPhone in
Canada, extending its functionality to Square sellers across the country. This
move positions Square as one of the first businesses in Canada to introduce
this technology, allowing sellers to accept contactless payments directly from
their iPhones without the need for additional hardware or payment terminals.
The service, integrated into Square's iOS apps such as
Square Point of Sale, Square for Retail, and Square Appointments, comes at no
extra cost, presenting itself as a cost-effective option for entrepreneurs.
Simplifying In-Person Transactions
Through Tap to Pay on iPhone, Square aims to streamline
in-person commerce for both new and established businesses. Any Square merchant
equipped with a compatible iPhone can accept contactless payments by simply
initiating the Square app, adding the transaction, and presenting their iPhone
to the buyer. Buyers complete the transaction by tapping their contactless
payment method near the seller's iPhone.
Apple's Tap to Pay on iPhone technology leverages the
iPhone's built-in features to ensure the privacy and security of businesses'
and customers' data. Notably, Apple does not store card numbers on the device
or its servers during the payment process.
Expanding Business Opportunities
Saumil Mehta, Head of Product at Square, Source: LinkedIn
This rollout in Canada follows previous launches in the
United States, Australia, and the United Kingdom, where Tap to Pay on iPhone
has been embraced by a diverse range of sellers, including mobile
professionals, retailers, and hairstylists, for its ability to facilitate
secure and efficient transactions without additional hardware.
“With Tap to Pay on iPhone, we are further levelling the
playing field for businesses of all sizes to be able to start, run and grow,”
said Saumil Mehta, Head of Product at Square.
“The Canadian business landscape
is competitive and tech savvy, always on the lookout for solutions that can
make operating their business more efficient. Tap To Pay on iPhone helps reduce
some of the barriers to entry for new businesses, and enables existing sellers
to create new ways to sell with nothing more than their iPhone and Square’s
software. They can get set up in minutes and begin making sales in seconds.”
Square has rolled out its Tap to Pay feature on iPhone in
Canada, extending its functionality to Square sellers across the country. This
move positions Square as one of the first businesses in Canada to introduce
this technology, allowing sellers to accept contactless payments directly from
their iPhones without the need for additional hardware or payment terminals.
The service, integrated into Square's iOS apps such as
Square Point of Sale, Square for Retail, and Square Appointments, comes at no
extra cost, presenting itself as a cost-effective option for entrepreneurs.
Simplifying In-Person Transactions
Through Tap to Pay on iPhone, Square aims to streamline
in-person commerce for both new and established businesses. Any Square merchant
equipped with a compatible iPhone can accept contactless payments by simply
initiating the Square app, adding the transaction, and presenting their iPhone
to the buyer. Buyers complete the transaction by tapping their contactless
payment method near the seller's iPhone.
Apple's Tap to Pay on iPhone technology leverages the
iPhone's built-in features to ensure the privacy and security of businesses'
and customers' data. Notably, Apple does not store card numbers on the device
or its servers during the payment process.
Expanding Business Opportunities
Saumil Mehta, Head of Product at Square, Source: LinkedIn
This rollout in Canada follows previous launches in the
United States, Australia, and the United Kingdom, where Tap to Pay on iPhone
has been embraced by a diverse range of sellers, including mobile
professionals, retailers, and hairstylists, for its ability to facilitate
secure and efficient transactions without additional hardware.
“With Tap to Pay on iPhone, we are further levelling the
playing field for businesses of all sizes to be able to start, run and grow,”
said Saumil Mehta, Head of Product at Square.
“The Canadian business landscape
is competitive and tech savvy, always on the lookout for solutions that can
make operating their business more efficient. Tap To Pay on iPhone helps reduce
some of the barriers to entry for new businesses, and enables existing sellers
to create new ways to sell with nothing more than their iPhone and Square’s
software. They can get set up in minutes and begin making sales in seconds.”
Tareq is a financial writer with 15 years of experience covering global markets. His work spans technical analysis, forex broker reviews, and market sentiment, with a focus on topics relevant to retail traders. He joined Finance Magnates in 2023.
At Finance Magnates, he serves as News Editor, covering retail forex and CFD brokers, cryptocurrency exchanges, fintech firms, and regulatory developments shaping the trading industry. He holds an Honours degree in Information Technology from Anfell College, London.
Education:
Honours degree Information Technology, Anfell College, London
eToro Enables Crypto Trading in New York, Extending Reach to 48 States
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FP Markets takes the spotlight as Global Broker of the Year 2025 at the Finance Magnates Awards.
Martin Stoilov, Head of Client Experience, shares that trust, innovation, and people played a key role in the company’s success, supported by a strong foundation of integrity and client-centricity.
Following this milestone, FP Markets continues to focus on growth, technology investment, and its core values of transparency and excellence.
👉 Be part of FM Awards 2026: https://awards.financemagnates.com/#nominate
FP Markets takes the spotlight as Global Broker of the Year 2025 at the Finance Magnates Awards.
Martin Stoilov, Head of Client Experience, shares that trust, innovation, and people played a key role in the company’s success, supported by a strong foundation of integrity and client-centricity.
Following this milestone, FP Markets continues to focus on growth, technology investment, and its core values of transparency and excellence.
👉 Be part of FM Awards 2026: https://awards.financemagnates.com/#nominate
In this video, we review @HolaPrimeMarketsOfficial, a multi-asset forex and CFDs broker offering different account types, trading platforms, and flexible trading conditions.
We cover the broker’s overall offering, including account options, trading environment, platforms like MT4 and MT5, and additional services such as managed accounts and fast withdrawals.
Watch the full video to see if Hola Prime Markets fits your trading needs.
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#HolaPrime #ForexBroker #CFDTrading #FinanceMagnates #Trading #Forex #BrokerReview
In this video, we review @HolaPrimeMarketsOfficial, a multi-asset forex and CFDs broker offering different account types, trading platforms, and flexible trading conditions.
We cover the broker’s overall offering, including account options, trading environment, platforms like MT4 and MT5, and additional services such as managed accounts and fast withdrawals.
Watch the full video to see if Hola Prime Markets fits your trading needs.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
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▶️ YouTube: /@financemagnates_official
#HolaPrime #ForexBroker #CFDTrading #FinanceMagnates #Trading #Forex #BrokerReview
Hola Prime Review: What You Need to Know | Full Breakdown by Finance Magnates
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In this video, we review @HolaPrime_Global, a proprietary trading firm offering evaluation programs and performance-based payouts in simulated market environments.
We cover how the challenge model works, including account types, profit splits (up to 95%), trading rules, and what it takes to reach a funded account. You’ll also learn about available platforms like MT4, MT5, cTrader, and more, along with insights into payouts, support, and trading conditions.
Watch the full video to see if Hola Prime fits your trading style.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
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🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#HolaPrime #PropFirm #Trading #FinanceMagnates #Forex #FuturesTrading #TradingReview #PropFirmReview
In this video, we review @HolaPrime_Global, a proprietary trading firm offering evaluation programs and performance-based payouts in simulated market environments.
We cover how the challenge model works, including account types, profit splits (up to 95%), trading rules, and what it takes to reach a funded account. You’ll also learn about available platforms like MT4, MT5, cTrader, and more, along with insights into payouts, support, and trading conditions.
Watch the full video to see if Hola Prime fits your trading style.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
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🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#HolaPrime #PropFirm #Trading #FinanceMagnates #Forex #FuturesTrading #TradingReview #PropFirmReview
Axi Winner Spotlight 🏆 | Global Most Innovative Broker 2025 #Innovation #Trading #Fintech #Broker
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Axi takes the spotlight at the Finance Magnates Awards, winning Global Most Innovative Broker 2025.
Olivia Xenofontos and Ivanna Openko share how the team will feel: proud, motivated, and ready to keep delivering.
They also describe the night as well-organized, focused, and enjoyable for all.
👉 Be part of FM Awards 2026.
Axi takes the spotlight at the Finance Magnates Awards, winning Global Most Innovative Broker 2025.
Olivia Xenofontos and Ivanna Openko share how the team will feel: proud, motivated, and ready to keep delivering.
They also describe the night as well-organized, focused, and enjoyable for all.
👉 Be part of FM Awards 2026.
Recognition that matters.
Built on transparency.
Driven by the industry.
The Finance Magnates Awards 2026.
Nominations are now open.
🔗 https://awards.financemagnates.com/?utm_source=SM&utm_medium=social&utm_campaign=recognition-matters
Recognition that matters.
Built on transparency.
Driven by the industry.
The Finance Magnates Awards 2026.
Nominations are now open.
🔗 https://awards.financemagnates.com/?utm_source=SM&utm_medium=social&utm_campaign=recognition-matters