BT Group Teams Up With Adyen To Enable Tap To Pay On IPhone For Small Businesses

In a significant move to enhance the payment experience for small businesses, BT Group's digital and startup incubation arm, Etc., has joined forces with the financial technology platform Adyen. This collaboration introduces an innovative solution allowing small business customers to accept in-person contactless payments directly through iPhones. The newly launched BT Tap to Pay app, now available on the Apple App Store, is set to revolutionize how merchants process transactions by eliminating the need for traditional card readers or additional hardware.

The app not only supports physical debit and credit cards but also integrates seamlessly with Apple Pay and other digital wallets, offering a comprehensive payment solution. With built-in security and privacy features, the BT Tap to Pay app ensures the protection of business and customer data alike. Additionally, it simplifies the transaction process with easy tracking of payment history and a streamlined refund process. Small businesses opting for this service will benefit from BT Group's competitive transaction rate of 1.4%.

This partnership marries EE's robust connectivity with Adyen's mobile payment expertise, facilitating a smoother contactless payment process for customers. Leveraging Apple's Tap to Pay on iPhone technology, the initiative prioritizes security and privacy, ensuring sensitive information remains protected. The BT Tap to Pay app is designed for ease of use, allowing UK-based small businesses and sole traders to quickly get started by logging in with their EE or BT account.

The collaboration between BT and Adyen is more than just a technological advancement; it represents a shift towards more efficient and secure payment methods for small businesses. By removing the reliance on physical payment hardware, it enables businesses to conduct transactions effortlessly using just an iPhone.

Etc., BT's startup incubation team, is committed to fostering innovation across various sectors including drones, health-tech, and fintech. This initiative with Adyen is a testament to their dedication to driving forward-thinking solutions that address real-world challenges. Adyen, known for its comprehensive end-to-end payments capabilities and insights, serves major brands such as Uber, H&M, eBay, and Microsoft. This partnership not only broadens Adyen's customer base but also cements its status as an industry leader.

BT Group stands as the UK's premier provider of fixed and mobile telecommunications, delivering a spectrum of secure digital products, solutions, and services both domestically and internationally. Comprising three customer-facing units—Consumer, Business, and Openreach—BT Group plays a pivotal role in offering telecommunications and IT infrastructure services.

This strategic alliance between BT Group and Adyen signifies a leap forward in simplifying payment processes for small businesses. It underscores both companies' commitment to innovation and their focus on delivering secure, convenient payment solutions that meet the evolving needs of customers.