Commerz Globalpay Now Offers Tap to Pay on iPhone for Merchants in Germany toAccept Contactless Payments

Commerz Globalpay, a joint venture between Global Payments Inc. (NYSE: GPN), a leading worldwide provider of payment technology and software solutions, and Commerzbank (FRA: CBK), the leading bank for small and medium size German enterprises and a strong partner for corporate clients and private and small-business customers in Germany, today announced that it now enables its merchants in Germany to seamlessly and securely accept in-person contactless payments with Tap to Pay
on iPhone through its GP tom app.

Tap to Pay on iPhone accepts all forms of contactless payments, including, credit and debit cards, Apple Pay, and other digital wallets, using only an iPhone and the GP tom app — no additional hardware or payment terminal needed.

At checkout, the merchant will simply prompt the customer to hold their contactless credit or debit card, iPhone or Apple Watch to pay with Apple Pay, or other digital wallet near the merchant’s iPhone, and the payment will be securely completed using NFC technology. Tap to Pay on iPhone also supports PIN entry, which includes accessibility options.

Apple’s Tap to Pay on iPhone technology uses the built-in features of iPhone to keep the business’ and customer’ data private and secure. When a payment is processed, Apple doesn’t store card numbers or transaction information on the device or on Apple servers.

With Tap to Pay on iPhone, Commerz Globalpay opens up yet another range of possibilities for merchants to run and grow their business more effectively and efficiently. Merchants now have the opportunity to choose where, when and what technical setup they want to use, providing more ways for consumers to pay the way they want.

“This new functionality is another important milestone in our efforts to provide innovative omnichannel payment solutions to our merchants, enabling them to bring more customized offers to their customers,” said Igor Žganjer, Chief Executive Officer, Commerz Globalpay.

“We are delighted to offer this new feature and be one of the first providers in Germany to offer Tap to Pay on iPhone to merchants via our GP tom app.” Tap to Pay on iPhone enables Commerz Globalpay customers to use a contactless payment acceptance solution that is easy to set up and use. Merchants will be able to unlock contactless payment acceptance through the GP tom app on an iPhone XS or later running the latest version of iOS, and can simply download the GP tom app from the Apple App
Store to start accepting contactless payments within minutes.