With the increase in contactless payments and the decrease in the use of cash, it has become extremely important for companies to adapt to this new consumer behavior. Recognizing this need, PayPal introduced Android Touch Pay for Venmo business profile users in the US, allowing them to accept contactless payments directly on their Android mobile device with no additional hardware or upfront cost.

Tap and Pay is now available to all Android users in the US

Traditionally, small businesses have had to invest in and manage card readers to meet the expectations of their customers, who increasingly prefer contactless payments. However, with Tap & Pay via Venmo, businesses can now start accepting contactless cards and digital wallets in minutes using their existing mobile devices. This not only eliminates the need for additional equipment, but also simplifies operations and cash flow management as all funds are deposited into Venmo accounts.

Ed Hallett, PayPal’s head of microbusiness products, said: “Tap to Pay is the latest milestone in the democratization of personal card payments, where users can start accepting card payments within minutes with no setup costs.” This innovative technology provides seamless payment options for millions of businesses using Venmo and PayPal Zettle, driving sales and increasing customer convenience.

Several Venmo business profile users have already experienced the benefits of Tap and Pay. Heather Driscoll, founder of Magical Box Bakery, shared her positive experience with the following words: “With Tap to Pay, I can accept credit and debit cards directly from my phone, manage all my transactions in one place, and receive money directly from within the Venmo app.”

While Tap & Pay on Android will be available to all Venmo business profile users in the coming months, businesses can request early access. Additionally, Tap & Pay on Android is now available to all PayPal Zettle users in the US. In addition, Tap & Pay on iPhone is currently available to select Venmo business profiles and PayPal Zettle users, with plans to expand availability to all users in the near future. .

With Tap to Pay, PayPal provides small businesses with a convenient, cost-effective and streamlined payment solution, enabling them to succeed in an increasingly cashless society. With this technology, businesses can easily adapt to changing consumer preferences, increase their sales and stay ahead in the rapidly changing market.