From www.accountantsdaily.com.au: Xero has launched ‘Tap to Pay’ on iPhone, allowing small businesses to accept various contactless payment methods, including credit and debit cards and digital wallets, using just the Xero Accounting app.

This initiative aims to help businesses improve cash flow and meet consumer payment preferences, especially as 41% of consumers express frustration when their preferred payment options are unavailable.

The Tap to Pay feature is accessible to Xero customers in Australia with a Stripe account, requiring no extra hardware or payment terminal.