HSBC UK has introduced a Tap to Pay service for its small business customers, powered by Stripe.
Eligible customers can accept supported contactless payments directly on a compatible smartphone, without needing an additional card reader.
Businesses can activate the feature through the HSBC Business Banking app.
“Tap to Pay gives sole traders and businesses an additional, simple way to take payments using their phone,”
said Gavin Rees, Head of Innovation Banking at HSBC UK.
“Small businesses drive the UK economy, but payment admin slows them down. We can take that hassle away and give them better ways to get paid so they can focus on growing,”
said Marc Fryer, Head of Revenue and Growth UK & Ireland at Stripe.
Featured image: Edited by Fintech News Switzerland, based on image by HSBC via its website and Magnific.
