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How Common is Apple Pay and Why Should I Accept It?

June 2, 2022 • by jclarknationalprocessing-com

Apple Pay is a common form of payment and is accepted by more than a million businesses across the U.S. More than 1 billion people use iPhones across the world, so it makes sense to accept Apple Pay. Doing so gives your customers more payment options and convenience.

Accepting Apple Pay also allows for quick and secure transactions, which gives customers peace of mind when making purchases.

Apple Pay overview

Apple Pay is a simple and secure way to make payments using iOS devices. Customers can use Apple Pay in stores or online to make payments quickly and easily.

To pay in-store, customers simply hold the top of their iPhones near the card reader until the checkmark appears. The mobile wallet system uses NFC (near-field communication) technology for payment transmission

Customers can also make payments through your website or apps quickly and easily.

Can I accept Apple Pay with my merchant account?

Yes, you can accept Apple Pay with your merchant account as long as you have a compatible terminal.

Do I need special equipment to accept Apple Pay?

Most NFC-enabled terminals can accept Apple Pay. Most of our terminals are equipped to accept Apple Pay.

If you’re using a terminal that isn’t NFC-enabled and you want to accept Apple Pay, you will need to upgrade to a new system.

How are Apple Pay disputes handled?

Apple Pay disputes are handled the same way a credit card dispute would be handled. Chargebacks through Apple Pay are typically harder to challenge successfully than credit or debit card chargebacks. 

Apple Pay is a quick and secure way to accept payments. As long as you have an NFC-enabled terminal, you can accept this form of payment with your merchant account. 

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