As you know, Apple Pay launched on October 20 at over 220,000 businesses in the United States.

Although it launched at big name companies, here’s how Apple Pay will better benefit small business owners.

  1. Increased security. With Apple Pay’s newest technology, business owners will never get consumers names or credit card numbers. You’ll never have to worry again about losing a customer’s credit card information because you won’t have it in the first place.
  2. Opportunity to compete. Although Apple Pay is being used at big name brand stores like Whole Foods, Walgreens, and McDonald’s, small businesses actually have capability to adopt new technology more quickly and seamlessly than larger companies. It’s more important now than ever to support multiple payment options at your business.
  3. You may already be prepared to accept Apple Pay. If you already have a POS terminal, chances are it may already be equipped with Near-Field Communication (NFC) technology. And if not, right now is a good time to start a conversation about supporting NFC payments. As you may know, beginning in October of 2015, VISA, MasterCard, and American Express are shifting over card-present liability to whoever is the least EMV-compliant party in a fraudulent transaction.
  4. Simpler payments environment. Small business owners can now control their entire payments world from one screen, saving them time and effort while improving cash flow management

Good news! With Gravity Payments, you can start accepting Apple Pay RIGHT NOW! We have a variety of NFC-compatible terminals equipped to accept Apple Pay, with our list of options growing quickly. We can also work with a variety of POS terminals, and our dedicated Deployment and POS Team will ensure your business seamless integration.If you’d like to find out more about Apple Pay or learn how you can start accepting today, check out better though, have a quick chat with our Support Team who is ready to answer any of your burning questions. Give them a call at (866) 701-4700 or contact us.

Categories: Industry Updates, Payments