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Home COUNTRY SCANDINAVIA&BALTICS

Swedish startup partners with Apple to enable contactless payments for Finnish merchants using only an iPhone

Arctic Startupby Arctic Startup
March 25, 2025
Reading Time: 5 mins read
in SCANDINAVIA&BALTICS, VENTURE CAPITAL
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Stockholm-based Surfboard Payments has partnered with Apple to launch Tap to Pay on iPhone in Finland, enabling merchants to accept contactless payments without additional hardware using the CheckoutX app. This partnership leverages Apple’s Tap to Pay technology, allowing businesses to process transactions seamlessly via NFC with credit/debit cards, Apple Pay, and digital wallets. By eliminating the need for separate payment terminals, Finnish merchants—especially in high-traffic and luxury retail spaces—can enhance customer experience, streamline operations, and reduce costs. This collaboration marks a significant step in modernizing in-person payments, aligning with Finland’s tech-savvy market trends.

Surfboard Payments specializes in cloud-based payment solutions designed for physical environments. Established in 2019 by experts in payment security, the company operates from offices in Stockholm, Sweden, and Chennai, India. With a focus on adaptability, Surfboard Payments collaborates with independent software providers to integrate secure and efficient payment processing across various industries, from hospitality to healthcare. The company emphasizes continuous learning and innovation to address evolving market needs while also supporting social initiatives, such as its partnership with Arias Home of Hope, which provides care and education for HIV-positive children in India.

Tap to Pay on iPhone accepts all forms of contactless payments, including contactless credit and debit cards, Apple Pay, and other digital wallets, using only an iPhone and the CheckoutX app — no additional hardware or payment terminal needed.

At checkout, the merchant will simply prompt the customer to hold their contactless payment method near the merchant’s iPhone, and the payment will be securely completed using NFC technology. Tap to Pay on iPhone also supports PIN entry, which includes accessibility options.

Apple’s Tap to Pay on iPhone technology uses the built-in features of iPhone to keep the business and customer data private and secure. When a payment is processed, Apple doesn’t store card numbers or transaction information on Apple servers.

Surfboard Payments has introduced Tap to Pay on iPhone in Finland, allowing businesses to accept contactless payments without additional hardware. Through the CheckoutX app, merchants can process transactions directly on an iPhone, reducing setup time and simplifying payment acceptance. The solution supports contactless credit and debit cards, Apple Pay, and other digital wallets, aiming to enhance the checkout experience with faster and more secure transactions. This launch provides Finnish businesses with a flexible payment option that adapts to various retail and service environments.

Tim Lundqvist, Chief Operating Officer at Surfboard Payments, stated: “We are excited to roll out Tap to Pay on iPhone in Finland, a market that values both premium experiences and efficient service. This breakthrough not only enhances the luxurious shopping journey in upscale stores but also streamlines transactions in busy, queue-busting environments. With this solution, Finnish merchants can deliver a seamless, secure payment experience tailored to the diverse demands of their market, opening up exciting new possibilities for growth and innovation.”

Tap to Pay on iPhone enables Surfboard Payments customers to use a contactless payment acceptance solution that is easy to set up and use. Merchants will be able to unlock contactless payment acceptance within minutes through the CheckoutX app on an iPhone XS or later running the latest version of iOS.

Click here to read more news about partnerships.

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Read the orginal article: https://arcticstartup.com/surfboard-payments-partners-with-apple/

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