Complete Guide to Accepting Apple Pay for Your Business: How to Use Apple Pay & More

In the wake of COVID-19, more and more businesses have found that payment processing NFC as part of credit card processing services is a must.

Typically, you will find that fintech that accepts Apple Pay also accepts other forms of NFC (near field communication), which is a bonus for customers who don’t have an iPhone.

[Editor’s Note: Not sure what NFC (near field communication is)? We have another guide for that: NFC Payments, Everything You Need to Know About Accepting Them Now]

As you do research into accepting Apple Pay and how to use NFC payments as a way to accept credit cards and accept debit cards for your business, giving customers access to near field communication on iPhone should be a priority due to the iPhone’s popularity. Recent findings have shown that Apple has had the top United States smartphone shipments market share percent since Quarter 1 in 2019.

In our guide, our NJ local payment processing company goes into detail on what exactly Apple Pay is, how to use Apple Pay for the processing of credit cards, and more.

What is Apple Pay & How Do I Use it for Business Credit Card Processing?

Wondering what is Apple Pay? It’s a payment acceptance solution that gives merchants a way to accept contactless payments from their customers. This solution is offered by Apple Inc. and was developed by Apple Inc. for credit card processors and consumers as part of mobile payment and digital wallet services. Accepting and paying with Apple Pay is quick and easy for both merchants and customers and is widely used among a variety of businesses including but not limited to:

• Brick and mortar retail stores: clothing, jewelry, housewares, etc.
• Restaurants
• Cafes and coffee shops
• Taxis
• Vending machines
• Hair salons

Apple Pay Acceptance: Merchants

To use Apple Pay as a merchant who wants to offer your customers this payment solution, you’ll just need the right fintech and fintech company that offers reliable payment processing services. A payment terminal is the most popular type of payment processing equipment that payment processing companies such as Priority Payment Systems Local offer. That fintech will then need to be configured by the payment processor/fintech company which is standard to onboarding of any new equipment and credit card processing services. Let your customers know you accept Apple Pay by displaying these symbols around your store such as at check out or on a door.

[Inquire about getting your Apple Pay decals.]

Apple Pay Usage: Customers

Using Apple Pay is just as easy for customers who will likely look for the Apple Pay symbols as a way of knowing whether or not they can pay with Apple Pay (pay with NFC). Then, they can pay with iPhone Face ID or iPhone Touch ID. Apple outlines the process for each:

How to Pay with iPhone with Face ID

1. To use your default card, double-click the side button.
2. Glance at your iPhone to authenticate with Face ID or enter your passcode.
3. Hold the top of your iPhone near the contactless reader until you see Done and a checkmark on the display.

Watch the demo to see how it works.

Pay with iPhone with Touch ID

1. To use your default card, rest your finger on Touch ID.
2. Hold the top of your iPhone near the contactless reader until you see Done and a checkmark on the display.

Watch the demo to see how it works.

Our Top 3 Payment Terminals for Accepting Apple Pay: Payments Solutions

There are a wide range of fintech options available that accept Apple Pay. Our favorite Apple Pay NFC payment solutions include:

1. Dejavoo Z8 Payment Terminal Machine, pictured.
2. PAX S80
3. VX520

More information on these payment terminals >>

5 Benefits of Apple Pay, Near Field Communication on iPhone

In addition to being easy to accept, the benefits of using Apple Pay include:

1. It’s secure. See below for details on secure payment acceptance with Apple Pay.
   
2. Apple Pay is convenient. There’s no extra work needed on your end to offer payments with this processor vs. any other processor and most customers already have their phones easily accessible but don’t always have cash or cards with them.
   
3. It can make checkout faster. Industry research has shown that contactless transactions are faster than both cash and conventional card transactions— averaging 12.5 seconds, compared to 26.7 seconds for conventional card transactions and 33.7 seconds for cash transactions.
   
4. Apple Pay for business helps deepen consumer engagement. To do so, integrate loyalty programs in your mobile wallet acceptance solutions to help you attract repeat visitors.
   
5. It’s cleaner. No matter how much you do to keep your payment technology clean, contactless payments are always better for lessening the spread of germs and viruses.

Secure Payment Acceptance: The Security Behind Apple Pay

Paying with NFC Apple Pay is more secure than accepting traditional credit cards, debit cards, and prepared cards. Apple outlined security for merchants:

Every transaction on your customer’s iPhone or iPad requires Face ID, Touch ID, or a passcode. And each time your customer takes their Apple Watch off their wrist, the passcode must be entered to access it. In addition, you don’t receive your customer’s actual credit or debit card numbers, so you aren’t handling actual credit or debit card numbers in your systems when customers pay with Apple Pay.

For more information on how to use Apple Pay, how to accept Apple Pay, or something else around payment processing and fintech, contact us.

Priority Payments Local is a payment processing company and fintech company that offers Apple Pay for business in the United States. We service merchants in all states and have a heavy presence in New Jersey, New York, and Florida. When you contact us, be sure to ask about our Net Zero Fee processing program – pay $0 on credit card processing. The processing of credit cards is one of our specialties – see what our merchants had to say on our merchant reviews page.