Apple Payments Square for Your Small Business

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Paying with a Smartphone
Credit: pexels.com, Paying with a Smartphone

Apple Payments Square is a game-changer for small businesses, offering a seamless and secure way to accept payments.

With Square, you can accept all major credit cards, including Visa, Mastercard, and American Express, as well as Apple Pay and Google Pay.

Square's mobile payment system allows you to take payments anywhere, making it perfect for businesses on-the-go.

You can start accepting payments with Square in just a few minutes, with no long-term contracts or hidden fees.

Getting Started

To get started with accepting Apple Pay at your business, you'll need a new NFC-enabled payment terminal. Square Reader for contactless and chip, Square Stand, Square Terminal, and Square Register all accept contactless payments.

Set up your new reader by connecting it to your device wirelessly, as long as you have a compatible iOS device. Make sure Bluetooth is enabled on your mobile device and open the Square app to connect the reader.

Have your customers hold their iPhone, iPad, or Apple Watch near the reader until four green lights appear and a chime sounds, indicating a successful transaction.

Credit: youtube.com, How to Take Contactless & Chip Payments | Square Reader Setup Tutorial [2023 Version]

To use Tap to Pay on iPhone, you'll need an iPhone XS or newer, and the phone must be running iOS 15.5 or later. Tap to Pay is not currently available on iPad.

Here are the compatible Square Point of Sale, Square Retail POS, Square Appointments POS, and Square Invoices devices for Tap to Pay on iPhone:

Be aware of the per-transaction limits for contactless payments, which are $50,000 and $10,000 for physical contactless cards, respectively.

Square Features

Square offers a range of features that make it a popular choice for businesses. You can accept Apple Pay through all of Square's near-field communication (NFC)-enabled payment terminals and online checkout products, including the Square Reader, Square Stand, Square Terminal, Square Register, and Square Checkout.

Square's pricing is simple, and there are no monthly fees or hidden costs. Online payment fees start at 2.9%, and earnings are transferred within 1-2 days.

Square provides fraud detection and keeps your business PCI compliant. You can also set up a Tip field on all Iris invoices, which is optional and not automatically included.

Here are some key features of Square:

  • No chargeback fees and free representation
  • Next-business day transfers (earnings are transferred within 1-2 days)
  • Online payment fees starting at 2.9%
  • No monthly fees or hidden costs
  • Square Security that provides fraud detection and keeps your business PCI compliant

Security and Troubleshooting

Credit: youtube.com, How To Fix Apple Pay Not Working

Security is a top priority when it comes to Tap to Pay on iPhone. To ensure payments are processed securely, never hand your mobile device over to your customer, instead have them hold out their card or NFC device for you to tap on your iPhone.

To confirm a successful payment, watch the screen for the transaction to be approved, accompanied by an audible beep and vibration. This is a crucial step to ensure the payment has been accepted.

If you're experiencing issues with Tap to Pay on iPhone, you may see a "Something's wrong" error message. This can be caused by a few reasons, including logging in with a Device Code, unstable internet connection, or incorrect permission settings.

To troubleshoot, force close and reopen your Square app, and ensure your internet connection is stable. Also, make sure to complete the linking of your Apple ID without dismissing or backgrounding the app.

Cashless Payment Using Smartphone
Credit: pexels.com, Cashless Payment Using Smartphone

Here are some common reasons for the "Something's wrong" error message:

Troubleshoot on iPhone

If you're experiencing issues with Tap to Pay on iPhone, there are a few things you can check.

First, make sure you're logged in as the account owner or a team member with the correct permission settings. If you're logged in using a Device Code, you may see a "Something's wrong" error message.

Force closing and reopening your Square app can often resolve the issue. Additionally, ensure that your internet connection is stable.

If you've dismissed or backgrounded the Square app during the Apple ID linking step, try completing the linking process again without interrupting the process.

Here are some common reasons you may see a "Something's wrong" error message:

Why?

Accepting Apple Pay can boost customer retention, making it a powerful draw for consumers who value convenience. Businesses that offer Apple Pay gain a competitive edge over those that don't.

Forgetting credit cards at home or in the car is a common problem, but iPhone users won't forget their phone. Lee suggests using Apple Pay to capitalize on this fact.

Offering Apple Pay while competitors lag behind can give your business a significant advantage.

Business and Mobile

Laptop and smartphone display facilitating online shopping using mobile payment technology.
Credit: pexels.com, Laptop and smartphone display facilitating online shopping using mobile payment technology.

Accepting mobile payments like Apple Pay is a great way to speed up transactions and improve customer satisfaction. Apple Pay transactions are processed faster than magnetic-stripe cards and chip card payments.

Many businesses accept Apple Pay, with over 85% of retailers in the U.S. currently accepting it as a form of payment in stores and online. This means your customers can use Apple Pay to make purchases at most of the places they already shop.

To accept Apple Pay at your business, you'll need an NFC-enabled payment terminal, such as the Square Reader for contactless and chip. This connects to your device wirelessly and allows customers to make Apple Pay payments easily.

Here are the steps to set up your Square Reader and Apple Pay marketing kit:

  1. Get a new NFC-enabled payment terminal that accepts contactless payments like Apple Pay.
  2. Set up your new reader by connecting it to your device wirelessly and making sure it's facing your customers and within their reach.
  3. To accept payments, have customers hold their iPhone, iPad, or Apple Watch near the reader until four green lights appear and a chime sounds.

By accepting Apple Pay, you're also providing an extra layer of security for your customers' transactions. Apple Pay transactions are tokenized, encrypted, and constantly changing, making it difficult for fraudsters to access the card data.

To prepare your iPhone to use Tap to Pay, make sure it's running iOS 15.5 or higher, and set a passcode for your iPhone by going to Settings > Face ID & Passcode.

Frequently Asked Questions

Can you do Apple Pay with Square?

Yes, you can use Apple Pay with Square to make contactless payments. Square supports all digital wallets, including Apple Pay.

Does Apple Pay charge a fee to businesses?

No, Apple Pay itself does not charge a fee to businesses. However, businesses may still incur fees from their credit card processor or facilitator for each Apple Pay transaction.

Lillie Skiles

Writer

Lillie Skiles is a rising voice in the world of journalism, known for her in-depth coverage of financial and consumer-related topics. With a keen eye for detail and a passion for storytelling, Lillie has established herself as a trusted source for readers seeking accurate and informative articles. Her writing has been featured in various publications, with notable pieces including an exposé on Wells Fargo's banking issues, which shed light on the company's practices and their impact on customers.

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