PayPal and Venmo will soon support Apple’s Tap to Pay contactless payments tech

PayPal will make it simpler for US merchants to take payments directly from their iPhones. The company is adding support for Apple’s Tap to Pay technology into the PayPal and Venmo iOS apps, meaning merchants will be able to accept contactless credit or debit cards and mobile wallets without an external card reader (via MacRumors).

Apple introduced Tap to Pay for the first time Februar. Integration with PayPal and Venmo’s apps might mark a notable step up for adoption of Apple’s touchless technology and could be helpful for merchants who don’t want to rely on external readers to accept contactless payments. This integration will allow PayPal to compete with Square, which recently launched Tap to Pay support. September.

Support will be added to PayPal and Venmo “soon,” PayPal said in its Q3 2022 earnings report on Thursday (pdf). This isn’t PayPal’s only recent move to expand Venmo’s usefulness; Venmo is also being added Amazon offers a payment option.