Tap to Pay on iPhone enables merchants to accept in-person contactless payments with a just a tap of their payment cards or mobile wallet, with no need for additional terminals or hardware.Apple has been working on the feature since around 2020, when it paid $100 million for Canadian startup Mobeewave.Takis Georgakopoulos, global head, payments, JP Morgan, says: "Enhancing the ability for consumers to pay with their preferred method of payment is part of our broader, customer-centric approach to simplify omnichannel payment acceptance for our merchant clients."The JP Morgan deal will make the technology available to its vast network of clients - including SMEs - over the next year.Max Neukirchen, global head, payments and commerce solutions, JP Morgan Payments, says: "This solution means our merchants don’t need to worry about certain pain-points like card reader Bluetooth connectivity, terminal power charging or manually entering card information."