kevin. has made history in the world of payment technology by achieving a major breakthrough with the first-ever account-to-account NFC transaction on an iPhone. This accomplishment is set to disrupt the landscape of in-store payments and holds significant implications for the future of mobile payments. The achievement is particularly noteworthy given Apple’s strict control over NFC technology in iOS devices, which has limited third-party competition in the past.
The successful execution of the account-to-account NFC transaction on an iPhone represents a significant leap forward in the world of in-store payments. This achievement follows regulatory changes, including pressure from the European Commission, which led to Apple’s authorization of kevin. under its NFC Entitlement Program. This paved the way for kevin. to develop and execute the groundbreaking transaction within Apple’s controlled environment.
Pavel Sokolovas, co-founder of kevin., emphasized the magnitude of this achievement, stating, ‘Breaking through the final barriers of NFC payments on iOS devices represents a true watershed moment. We’re immensely proud to be the first to provide account-to-account transactions using Apple’s NFC, giving consumers the power to choose how they pay.’
After enabling this innovative payment method for Android users in January 2022, kevin. swiftly obtained Apple’s authorization under the NFC Entitlement Program. The successful execution of the experimental transaction in development mode just six weeks after the program’s launch sets the stage for a potential revolution in Point of Sale (POS) interactions.
Looking ahead, the industry anticipates a surge in similar payment solutions following kevin.’s pioneering achievement. By democratizing NFC access and breaking free from device-specific payment platforms, kevin. has set a dominant precedent, promising an open market where consumers are no longer limited by proprietary payment platforms.
kevin. is a visionary technology firm reshaping payment systems for tomorrow’s needs. The company’s mission is to offer reliable end-to-end technology and significant savings on transaction fees without changing the way people pay. The introduction of their multi-tenant, brand-agnostic payment acceptance network marks a significant shift for consumers and businesses alike, granting autonomy and value unimpeded by the constraints of legacy technology.
kevin.’s achievement has significant implications for the future of in-store payments and mobile transactions. As the industry anticipates a surge in similar payment solutions, kevin.’s pioneering achievement is poised to reshape the way transactions are conducted worldwide, offering consumers unprecedented autonomy and flexibility in choosing how they pay.
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