The world has rapidly shifted toward contactless payments, and FiatFlex's Tap to Pay solution puts your business at the forefront of this revolution.
The Contactless Payment Revolution
Since 2020, contactless payment adoption has skyrocketed by over 150% globally. Customers now expect fast, hygienic, and convenient payment options. FiatFlex's Tap to Pay technology delivers exactly that.
What is NFC Tap to Pay?
Near Field Communication (NFC) technology allows customers to pay by simply tapping their card or mobile device near your payment terminal. No insertion, no PIN entry for small amounts, and no physical contact required.
Supported Payment Methods
Credit and Debit Cards
Accept all major card networks including Visa, Mastercard, and American Express. Customers simply tap their contactless-enabled cards for fast payment.
Mobile Wallets
Apple Pay: iPhone and Apple Watch users can pay with Touch ID, Face ID, or passcode authentication.
Google Pay: Android users enjoy seamless payments through Google's secure payment platform.
Samsung Pay: Works on Samsung devices over NFC.
How FiatFlex Tap to Pay Works
1. Customer Initiates Payment
The customer taps their card or phone against your iPhone. There is no separate card terminal: your phone is the terminal.
2. Fast Authentication
The payment is authenticated in seconds using advanced security protocols.
3. Transaction Confirmation
Both you and your customer receive immediate confirmation of the successful payment.
4. Manual Withdrawal Control
Unlike other processors, FiatFlex lets you decide when to withdraw funds to your bank account.
Security Features
Tokenization: Card details are never stored; instead, unique tokens represent each transaction.
Encryption: Payment data is encrypted in transit using HTTPS and secure API connections.
Fraud Detection: Advanced algorithms monitor transactions for suspicious activity.
Card Security: Card payments are processed by regulated, PCI-compliant third-party payment partners; FiatFlex does not store full card details.
Business Benefits
Faster Transactions
Contactless payments are generally faster than inserting or swiping a card, reducing queue times and improving customer satisfaction.
Improved Hygiene
No physical contact required, meeting modern health and safety expectations.
Higher Transaction Values
Industry research has linked contactless payments to higher average transaction values, as tapping makes paying frictionless.
Reduced Cash Handling
Minimize cash-related risks and costs while streamlining your accounting processes.
Fee Structure
FiatFlex's transparent pricing for fiat payments:
• Platform fee: 0.5% on card payments, withdrawals free
• No monthly fees or hidden charges
• The same 0.5% rate for every merchant, regardless of volume
Implementation
Getting started with FiatFlex Tap to Pay is simple:
1. Download the FiatFlex app from the App Store or Google Play
2. Complete KYC (or KYB for a business) once, during onboarding
3. Enable Tap to Pay on a compatible iPhone and take your first payment
4. Withdraw funds to your bank when convenient
Embrace the future of payments with FiatFlex Tap to Pay - where convenience meets control.