The Tap to Pay feature on iPhone is a fantastic option for small and medium-sized business owners, simplifying the payment process for customers. As of today, Intuit has revealed that all QuickBooks users can now accept payments directly through their iPhones.
Intuit Enhances QuickBooks into a Convenient Financial Hub with Tap to Pay on iPhone Support
According to Intuit’s press statement:
“With Tap to Pay on iPhone, we’re providing customers with a competitive edge that boosts cash flow, encourages business expansion, and enhances customer loyalty,” stated David Hahn, SVP of QuickBooks Money Platform. “What sets Tap to Pay on iPhone apart for QuickBooks users is its ability to simplify in-person payments while seamlessly integrating those transactions into their accounting and our comprehensive services, consolidating all their business finances in one location.”
Intuit highlights five advantages of utilizing Tap to Pay on iPhone:
- Streamlined Payments: Accept payments effortlessly in-person or on-the-go using the QuickBooks mobile or GoPayment apps along with Tap to Pay on iPhone, eliminating the need for any extra physical POS hardware. The feature also auto-categorizes and reconciles transactions to keep books current.
- Versatile Checkout Options: Tap to Pay on iPhone allows businesses to accept various contactless payment methods, including credit and debit cards, Apple Pay, and other digital wallets, giving customers the flexibility to choose their preferred payment method while ensuring data privacy and security.
- Enhanced Invoicing Features: Receive payments instantly for open invoices or generate new invoices for on-the-spot payments.
- Lower Fees: Experience a cost-efficient method for accepting in-person payments, enjoying reduced processing fees compared to keyed-in transactions.
- Payment Security with iPhone: The Tap to Pay technology leverages the iPhone’s built-in features to safeguard business and customer data. Notably, Apple does not store card numbers or transaction details on the device or in their servers.
While various payment platforms like Square have long provided Tap to Pay on iPhone, integrating this functionality into QuickBooks simplifies financial management for business clients by consolidating various tools.
The primary appeal of Tap to Pay on iPhone is its requirement for no additional hardware to process payments. All that business owners need is an iPhone and a compatible payment platform, such as QuickBooks.
Have you tried Tap to Pay on iPhone? How has your experience been? Share your thoughts in the comments below.
