Block Inc (NASDAQ: SQ) will soon enable Apple Inc's (NASDAQ: AAPL) contactless payment acceptance feature, 'tap-to-pay' on the iPhone, within Square's point-of-sale app.
What Happened: Block said the new offering would allow sellers to “seamlessly and securely” accept in-person contactless payments using only an iPhone and the Square POS app.
The Jack Dorsey-led company said the service will be launched later in 2022. It also announced an early access program for tap-to-pay on iPhone to allow select sellers to test the new technology.
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