QuickBooks gains Tap to Pay integration
In what may be a powerful integration for small business in the US, Intuit has integrated support for Apple’s To Pay system into QuickBooks. It means SME’s using QuickBooks can easily accept contactless payments using an iPhone.
“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.
A benefit for business
The details are as you’d expect for Tap To Pay – you don’t need a machine, you don’t need any additional equipment, but you do need a QuickBooks account. Given so many SME’s do have such an account, this integration should be popular – and also pretty good for accounting, as payments can be managed and reconciled at the time of payment.
“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,” said Hahn. “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.”
Just tap, pay, and account..
Intuit states that 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: Get paid 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.
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.
You can follow me on social media! Join me on BlueSky, LinkedIn, and Mastodon.
