HomeSmart MoneyiStore Launches iStore Pay: Empowering Local Businesses with a Market Leading...

iStore Launches iStore Pay: Empowering Local Businesses with a Market Leading Payment Solution

iStore, South Africa’s only Apple Premium Partner, today  announced the launch of iStore Pay, a new business payment solution designed to empower modern entrepreneurs.  

As the first partner to bring Tap to Pay on iPhone to South Africa, iStore enables local  businesses to seamlessly and securely accept all forms of in-person contactless payments  including credit and debit cards, Apple Pay and other digital wallets, using only an iPhone and the  iStore Pay app – no additional hardware or payment terminal needed. 

Chris Dodd, CEO of iStore South Africa, said: 

“Two decades ago, we set out to bring the very best of Apple to South Africans. With the launch  of iStore Pay, that commitment now extends to entrepreneurs and small businesses. By enabling  Tap to Pay on iPhone locally, we are helping remove traditional barriers to commerce and making  it easier for businesses to accept payments using technology they already have.” 

Beyond the Transaction: Designed for Simplicity and Flexibility 

iStore Pay is built on the same foundation of empowering Apple users that iStore has championed  for 20 years. Designed to maximise earnings and minimise complexity, iStore Pay offers a market leading alternative to traditional merchant services: 

  • No Barrier to Entry, More Flexibility – Accept contactless payments right on your current  iPhone* with no additional hardware required and no upfront, monthly** or payout fees. Get transacting in under 15 minutes. 
  • Transparent Pricing, More Value – Transaction fees from 2.5%, with a pay-as-you-transact  model that means businesses only pay when they make a sale. 
  • Simple Payouts – Merchants pay a flat fee of R2.99 per payout. As part of the launch offer  merchants will receive free daily payouts until 31 July 2026.*** 
  • Secure and Private by Design – Tap to Pay on iPhone technology uses the built-in security  and privacy features of iPhone to help protect customer data. When a payment is processed,  Apple doesn’t store card numbers or transaction information on the device or on Apple servers,  so businesses can rest assured that their data stays theirs.****

The iStore Pay App: Your Business Command Centre 

Alongside Tap to Pay on iPhone, the iStore Pay app gives merchants a central place to manage  payments and business activity instantly. It provides a comprehensive Apple experience for  business ownership, allowing merchants to track every aspect of their commerce in real-time: 

  • Monitor Sales: Track transaction history and payment records instantly. • Manage Funds: View payouts and refunds directly in the app.  
  • Gain Visibility: Access insights to better understand and scale business performance. For more information on iStore Pay, visit pay.istore.co.za

 

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