Square launches new hardware-free tap-to-pay service

April 17, 2023 03:50 PM AEST | By AAPNEWS

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Square launches new hardware-free tap-to-pay service — Image source: AAPNEWS

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Payments company Square has launched a new service that will let merchants accept contactless payments with nothing more than than a compatible Android smartphone.

The Tap to Pay on Android service launched in Australia and European markets on Monday.

Marco Lamantia, Square's Melbourne-based head of industry relations and operations, told AAP that the service would let sellers accept tap-and-go payments by simply download an app and going through an identification and verification process.

While it has obviously could be useful for mobile tradesmen such as locksmiths, Mr Lamantia said it had application beyond that.

"We're seeing some really interesting use cases, potential use cases with this product," he said.

"Retail stores who have a point-of-sale on their countertop today can now use this in conjunction with that countertop and start roaming the floor with their mobile phones and start accepting payments.

"Australia is an incredibly innovative market from a technology perspective, and we're really excited to see what innovations our sellers can bring to the market through this solution."

Square is one of the brands within Jack Dorsey's Block Inc, well known domestically for acquiring leading Australian tech company Afterpay for $39 billion in late 2021.

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