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Intuit QuickBooks Announces Tap-to-Pay Feature on iPhone for Easy, Touchless Payment Transactions

Intuit's QuickBooks has unveiled Tap to Pay on iPhone, providing a hassle-free method for U.S. QuickBooks Online users to process contactless payments without the need for additional equipment.

Intuit QuickBooks Rolls Out Tap-to-Pay Functionality on iPhones for Smooth, Touchless Transaction...
Intuit QuickBooks Rolls Out Tap-to-Pay Functionality on iPhones for Smooth, Touchless Transaction Processing

Intuit QuickBooks Announces Tap-to-Pay Feature on iPhone for Easy, Touchless Payment Transactions

In a move aimed at simplifying in-person payments and addressing cash flow challenges faced by small businesses, Intuit has launched Tap to Pay on iPhone for QuickBooks Online customers in the United States.

This new feature, set to be rolled out over the coming weeks, allows small and mid-market businesses to accept contactless payments using only an iPhone. To use Tap to Pay on iPhone, customers must have an iPhone with iOS 16.0 or higher and a compatible QuickBooks Online plan that supports QuickBooks Payments integrated with Stripe, PayPal, and Apple Pay.

Tap to Pay on iPhone offers businesses a faster and more flexible way to receive payments, catering to consumer expectations for convenience and security. With this innovative feature, businesses can process transactions on the go using QuickBooks mobile or GoPayment apps, with automatic categorization and reconciliation for seamless management.

One of the key advantages of Tap to Pay on iPhone is its ability to streamline in-person payments and connect them to QuickBooks Online for easy management and reconciliation. Business owners can get paid instantly on open invoices or create new invoices to accept payments in person.

The new feature also expands invoicing capabilities, offering businesses the ability to manage their business finances more efficiently. Tap to Pay on iPhone transactions automatically sync with QuickBooks Online, ensuring accurate and up-to-date records.

Security and privacy are top priorities for Tap to Pay on iPhone. Apple's Tap to Pay on iPhone technology maintains high security standards by not storing card numbers or transaction data on the device or Apple servers. This ensures that sensitive financial information remains secure.

David Hahn, SVP of QuickBooks Money Platform, stated that Tap to Pay on iPhone gives customers a competitive advantage. He further explained that the availability of Tap to Pay on iPhone allows QuickBooks users to streamline their in-person payments and connect them to their books and end-to-end services, putting full business finances all in one place.

Detailed information about Tap to Pay on iPhone can be found on QuickBooks Payments. The rollout of Tap to Pay on iPhone begins today and will be available to all QuickBooks Online customers in the U.S. with a QuickBooks Payments plan within the coming weeks.

By offering Tap to Pay on iPhone, Intuit aims to address the issue of cash flow challenges faced by nearly half of small businesses in the U.S. This innovative solution is unique for QuickBooks customers because it offers a streamlined in-person payment solution, further enhancing the efficiency of managing business finances with QuickBooks Online.

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