Block Unveils Tap to Pay Partnership with Apple: A Game Changer for Merchants

Block (NYSE: SQ) shares surged on Thursday, June 2, after the fintech company announced a groundbreaking partnership with Apple (NASDAQ: AAPL). This cooperation will revolve around bringing innovative payment solutions to merchants, primarily through Apple's 'tap to pay' function.

Square & Apple: Simplifying In-Person Commerce

Merchant services provider Square is collaborating with the technology company Apple to enable a tap-to-pay function with Apple’s iPhone contactless payment tool. 28 de sept. de 2025 Through Tap to Pay on iPhone, Square is providing a solution that makes it easier for both new sellers and established businesses to conduct in-person commerce.

Tap to Pay on iPhone: Eliminating the Need for Extra Hardware

Imagine accepting contactless payments without any additional hardware. That's the power of Tap to Pay on iPhone. 28 de sept. de 2025 Available within the Square Point of Sale iOS app, Tap to Pay on iPhone lets sellers of all sizes accept contactless payments directly from their iPhone without the need for card readers or other specialized equipment.

How Tap to Pay on iPhone Works with Square

Block Inc will work with Apple Inc to integrate Square payments with Tap to Pay feature on iPhones and launch it later this year, the fintech company said on Thursday. Any Apple’s iPhone will be able to use Square’s ‘tap to pay’ payment function.

Future Development and Limited Testing

The new technology is still being developed and will only be tested with a small number of chosen participants initially. This allows for real-world feedback and refinement before a wider rollout.

What This Means for Small Businesses

This collaboration marks a significant step forward in democratizing access to modern payment solutions. Small businesses can now leverage the power of Tap to Pay on iPhone through Square, offering a seamless and convenient checkout experience for their customers.