The launch last month of Apple’s Tap to Pay contactless payments technology in the UK is set to shake up the competitive landscape for in-person payment options. Apple’s move enables businesses to accept Apple Pay, contactless credit and debit cards, and other digital wallets, from customers using an iPhone and a partner-enabled iOS app.
A survey of UK consumers published in late July by card payment services provider Takepayments found that Apple Pay and contactless payments had overtaken cash payments as the preferred way to pay in-store.
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