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Small business owners juggle countless responsibilities every day, while keeping an eye on the horizon for opportunities and challenges in growing their operations. As fluctuations in inflation and the job market continue to affect small business optimism, savvy business owners are looking to technology investments and system enhancements to create efficiencies, boost savings, and improve customer experience.
Research from the US Chamber of Commerce* shows that small businesses are increasingly adopting technology platforms to run their operations (up 93% from 2022) and rely on new technologies like contactless payments to boost sales and grow revenue. Whether businesses are just starting out or looking to expand into new areas, optimizing payment acceptance can help cost-efficient growth efforts.
Enter: Tap to Pay on iPhone*. With Tap to Pay on iPhone, you can accept all types of in-person, contactless payments right on your iPhone—from physical debit and credit cards to Apple Pay and other digital wallets—no extra hardware needed. It’s easy, secure, and private. Tap to Pay on iPhone allows businesses to accept contactless payments with only an iPhone, rather than needing a separate terminal or card-reading device. There is no change in how the consumer makes a contactless payment or how the charge is processed for the cardholder.
What are the benefits of Tap to Pay on iPhone for businesses?
Whether you are just starting out or growing your small business, there are numerous benefits of adopting this payment acceptance option.
1. Do business in more places.
Accepting payments via Tap to Pay on iPhone allows businesses to do business in more places – around the store, on the go, and at pop-up events*. This helps businesses be more flexible, try new sales tactics, and adapt operations quickly. Rather than feeling tethered to a checkout counter, businesses can interact with customers in countless settings and bust lines before they form – freeing up your time and resources to boost sales and improve the customer experience.
2. Reach new customers.
With Tap to Pay on iPhone, businesses can reach new customers with a simpler checkout experience, take payments on the go, and explore new setups, like line busting. All you need is your iPhone. There’s no need to invest in or manage card readers and terminals. Consider creating interactive retail experiences* without traditional checkout counters to expand your shopping audience and take the payment process directly to your customers, wherever they prefer to interact.
3. Accept payments, now with the security of iPhone.
Tap to Pay on iPhone uses the built-in security and privacy features of iPhone to help protect your business and customer data. When a payment is processed, Apple doesn’t store card numbers on iPhone or on Apple servers. So, merchants and customers can rest assured that their data stays theirs.
You don’t have to be a payments expert to choose the right checkout solution for your small business – you can stay focused on managing daily operations while trusting Tap to Pay on iPhone to make accepting contactless payments easier for you and your customers, wherever you do business.
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