Clip, Mexico's leading digital commerce platform, introduced its new Tap to Pay technology solution for Android, which allows businesses to accept contactless payments with their cell phones with a single tap, without the need to invest in a physical terminal, to start transacting.

Clip utilizes Tap to Pay technology to convert mobile phones into Point of Sale (POS) terminals, using only the Clip app and NFC (Near Field Communication) technology for contactless payments.

Micro, Small, and Medium Enterprises (MSMEs) are an essential engine of the national economy, contributing approximately 52% of the Gross Domestic Product (GDP) and generating nearly 70% of formal jobs in the country, according to figures from the National Institute of Statistics and Geography (INEGI). To foster their growth and close the digital gap, it is crucial for these businesses to incorporate technology into their operations. Clip addresses this need by providing an immediate, secure, and simple solution to accept digital payments directly on a mobile phone. This is achieved through a simple "tap" with contactless cards or digital wallets.

"This solution is the answer to the needs of millions of small merchants looking for an easy and fast way to join the digital economy. Our goal is to position this tool as the ideal ally for all businesses, offering trust and security in every transaction for both merchants and customers," said Fernando Gómez Rayón, Head of Payments and Go-to-Market at Clip.