Overview

• PayPal has launched its contactless tap-to-pay feature for iPhone users in Germany, leveraging Apple’s newly opened NFC access mandated by the EU Digital Markets Act.
• German users can set PayPal as their default payment method over Apple Pay, enabling quick payments with the iPhone’s side button at Mastercard-compatible terminals.
• The feature requires the latest version of the PayPal app and a compatible debit or credit card, with no functionality currently available on the Apple Watch.
• Germany serves as the test market for this rollout, with broader expansion across Europe anticipated in the coming months.
• PayPal is offering cashback promotions and plans to introduce pay-over-time installment options to attract users to its NFC payment service.