Customise Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorised as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyse the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customised advertisements based on the pages you visited previously and to analyse the effectiveness of the ad campaigns.

No cookies to display.

Search
Close this search box.
Intuit-QuickBooks

QuickBooks Enables Tap to Pay on iPhone for Businesses

New offering streamlines payments experience for millions of QuickBooks merchants and their customers

Intuit, the global financial technology platform that makes Intuit TurboTaxCredit KarmaQuickBooks, and Mailchimp, announced the availability of Tap to Pay on iPhone for its QuickBooks Online customers in the U.S., enabling small and mid-market businesses to seamlessly and securely accept in-person contactless payments using only an iPhone. With this added functionality, QuickBooks customers can access even more ways to seamlessly manage their business finances, get paid faster, and unlock their path to growth.

“With Tap to Pay on iPhone, we’re giving customers a competitive advantage that accelerates cash flow, business growth, and customer loyalty”

Financial Technology Insights : OppFi Upsizes Credit Facility with Blue Owl Capital to $300M

“With Tap to Pay on iPhone, we’re giving customers a competitive advantage that accelerates cash flow, business growth, and customer loyalty,” said David Hahn, SVP, QuickBooks Money Platform. “What makes Tap to Pay on iPhone unique for QuickBooks customers, is that it allows them to streamline their in-person payments and seamlessly connect them to their books and our end-to-end services, putting their full business finances all in one place. This new feature, coupled with our AI-powered platform and ‘done-for-you’ experiences, empowers small businesses to reach new levels of growth and success.”

Tap to Pay on iPhone allows QuickBooks Payments* customers to access an easy way to accept in-person contactless payments from anywhere using an iPhone and the QuickBooks mobile or GoPayment iOS apps, without the need for an additional card reader or point-of-sale (POS) hardware. These transactions sync directly to their QuickBooks Online account, allowing them to seamlessly manage and reconcile these payments and keep their books up to date, on a single platform.

Getting paid on time and generating healthy cash flow remains a top priority for the survival and longevity of small and mid-market businesses, but is often a challenge to maintain. Data from the Intuit QuickBooks Quarterly Small Business Insights shows that nearly half of small businesses in the U.S. report that cash flow is a problem for their business. At the same time, consumers and clients continue to expect convenience and flexibility in how they pay the merchants and service providers they do business with. With Tap to Pay on iPhone, QuickBooks customers will have access to a seamless solution that helps address these challenges, giving them even more ways to manage all kinds of payments, all in one place.

Financial Technology Insights: SBI Digital Markets, UBS, Chainlink Complete Pilot for Smart Contract Fund Admin

With Tap to Pay on iPhone, business owners can gain access to:

  • Seamless Payments: Get paid seamlessly in-person or on the go with the QuickBooks mobile or GoPayment apps and Tap to Pay on iPhone, without the need for any additional physical POS devices or hardware, and features that auto-categorize and reconcile these transactions, so their books stay up to date.
  • Flexible Checkout Options: With Tap to Pay on iPhone, businesses can accept all forms of contactless payments including contactless credit and debit cards, Apple Pay, and other digital wallets, allowing their customers to choose how they pay, while keeping the business and customer data private and secure.
  • Expanded Invoicing Capabilities: Getpaid instantly on open invoices, or create new invoices to accept payments in-person on the spot.
  • Reduced Fees: Access a cost-effective way to accept in-person payments, with lower processing fees compared to keyed-in payments.

Financial Technology Insights: Paxos to Acquire Finnish E-Money Institution Membrane Finance

  • Accept Payments with the Security of iPhone: Apple’s Tap to Pay on iPhone technology uses the built-in features of iPhone to keep business and customer data private and secure. When a payment is processed, Apple doesn’t store card numbers or transaction information on the device or on Apple servers.

Tap to Pay on iPhone begins rolling out today and will be available for all QuickBooks Online customers in the U.S. who have a QuickBooks Payments plan added to their subscription in the coming weeks

o participate in our interviews, please write to our CyberTech Media Room at news@intentamplify.com

source – businesswire

Share With
Contact Us