CIBC Caribbean is marketing a new contactless payment tool to small business owners in Antigua and Barbuda, positioning the service as a modern alternative to traditional point-of-sale hardware. According to Antigua Observer, the product is aimed at simplifying how local merchants accept payments.

The solution, branded 'Tap on Phone', enables merchants to accept contactless payments directly through an Android smartphone, eliminating the need for a dedicated card terminal. The offering represents a shift toward more accessible and affordable payment infrastructure for small business operators across the twin-island nation.

Sherelle Roberts, a representative of CIBC Caribbean, was cited in the original reporting in connection with the initiative, though further details from her remarks were not available in the source material.

The move reflects a broader regional push toward digital financial services, as banks seek to bring smaller enterprises into the formal payments ecosystem using technology already familiar to many business owners — their mobile devices.