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Apple to Let Third Parties Use iPhone Payment Chip for Transactions
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Apple to Let Third Parties Use iPhone Payment Chip for Transactions
Aug 14, 2024 10:05 AM

12:32 PM EDT, 08/14/2024 (MT Newswires) -- Apple ( AAPL ) said Wednesday that starting with iOS 18.1, developers will be able to offer contactless transactions from within their own apps on iPhone, separate from Apple Pay and Apple Wallet.

"Using the new [near-field communication] and [Secure Element] APIs, developers will be able to offer in-app contactless transactions for in-store payments, car keys, closed-lop transit, corporate badges, student IDs, home keys, hotel keys, merchant loyalty and rewards cards, and event tickets, with government IDs to be supported in the future," Apple ( AAPL ) said.

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