Merchants can now accept contactless payments using only an iPhone without additional hardware, as Singapore payment firms Fiuu and HitPay launch support for Apple's Tap to Pay technology.
The integration enables businesses to process contactless credit and debit cards, Apple Pay, and digital wallets through NFC technology on iPhone XS or later devices running current iOS versions. Customers complete transactions by holding their payment method near the merchant's iPhone, with PIN entry supported for accessibility.
Apple's system does not store card numbers or transaction information on devices or servers. Encrypted card numbers are temporarily retained on iPhones only during store-and-forward transactions when network connectivity is unavailable.
"With the enablement of Tap to Pay on iPhone, payments are no longer tied to fixed locations. This gives businesses the flexibility to serve consumers wherever the interaction happens," says Eng Sheng Guan, Fiuu's chief executive.
Early adopters of the Tap to Pay on iPhone via the Fiuu Virtual Terminal app in Singapore include gaming brand Razer at its Funan stores, IDS Aesthetics Clinic for point-of-service transactions, and tea chain Beutea through point-of-sale partner Zeoniq.
Formerly known as Razer Merchant Services, Fiuu processed $9.8 billion in total payment volume for fiscal 2024 as one of Southeast Asia's largest payment processors. The company operates across eight markets, including Malaysia, the Philippines and Thailand, supporting over 110 payment methods through partnerships with local and international banks.
See also: Why contract clarity matters for Singapore’s construction competitiveness
HitPay is rolling out the same capability via the HitPay iOS app. “Tap to Pay on iPhone transforms how small businesses do commerce. Whether you’re at a weekend pop-up or en route to your next customer, your iPhone is now your checkout,” says Aditya Haripurkar, CEO of HitPay.
Founded in 2016, HitPay is a Singapore-headquartered payments platform serving more than 15,000 businesses. It processes payments through 700-plus digital wallets alongside traditional methods across e-commerce, retail and food services in the Asia-Pacific region. The platform is regulated by Singapore's Monetary Authority and backed by investors including Tiger Global and Y Combinator.
Both platforms enable merchants to activate contactless payment acceptance within minutes through their respective iOS applications.
