Contactless payment has quickly become an indispensable service for brick-and-mortar retailers. According to a recent industry report, nearly two-thirds of customers prefer to do business with companies that maintain an online presence, and digital payments giant Stripe found that 65% of companies intend to build an online–offline checkout experience into their business in the near future.
This trend represents a major boon to fintechs like Stripe that focus on online payment processing. It also coincides well with Stripe’s recent announcement that its popular “Tap to Pay” service will now be available to Android smartphone users in six major markets. Just over a year after launching similar functionality for Apple users, Stripe’s frictionless, infrastructure-light payment procedure will now be live for Android customers in the U.S., U.K., Singapore, Canada, Australia, and New Zealand.
“Stripe’s launch of Tap to Pay on Android puts contactless payments hardware into the pockets of millions of businesses around the world,” said Stripe Terminal Business Lead John Affaki in an announcement on the Tap to Pay expansion. “Now any business can set up in-person checkout in minutes.”