Overview

• PayPal's tap-to-pay feature is now available to some German iPhone users as part of a limited trial phase.
• The feature allows users to make contactless payments at Mastercard-enabled terminals using the PayPal app, with an option to set it as the default payment method.
• The rollout is iPhone-only and does not extend to Apple Watch, as NFC access for the watch remains restricted.
• PayPal is offering cashback incentives to attract users and plans to expand the feature to other European countries in the coming months.
• This development stems from the EU's Digital Markets Act, which required Apple to open its NFC chip to third-party apps, marking a significant shift in mobile payment competition.