Venmo Lets Businesses Accept NFC Payments Using Just a Smartphone
Venmo is rolling out support for accepting payments with Tap to Pay for business users on both iOS and Android. The feature uses the NFC function built into many smartphones and requires no extra hardware. "Small business owners can onboard in just a few simple steps and start accepting contactless cards and digital wallets through their Venmo business profile. Tap to Pay on Android will be available for all Venmo business profile users in the coming months.... Tap to Pay on Android is also now available for all PayPal Zettle users in the U.S. ... In addition, Tap to Pay on iPhone is now available to select Venmo business profile and PayPal Zettle users, with plans to make it available to all Venmo business profile and PayPal Zettle users in the U.S. soon."