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First 3 Things to Do as Your Business Prepares To Accept Apple Pay

Apple Pay has been in the market for a while now. The technology uses NFC (near-field communication) to process payments. Shoppers hold their iPhones next to an NFC terminal which reads the phone and makes it vibrate once checkout is done. For small businesses, accepting Apple Pay may put you ahead of the curve as many consumers increasingly prefer to use their phones to make payments.

A lot of merchants have already embraced this new technology and already have the required point of sale (POS) terminal. There are others however who are yet to integrate it in their payment systems.

If your business is just considering accepting this revolutionary mobile payments technology,then you are in luck. These tips will prepare you just in time to make a perfect launch of a new face of mobile payments.

  1. Check what your competitors are doing

Do they already offer Apple Pay to their customers? If so, then you have all the reason to fast track the launch of the service. You don’t want to be left behind because you have a considered vacuum in your service delivery. It’s always safe to compete on a level playfield with the rest of the players. That means adopting every new technology that consumers are likely to be interested in.

You are better off because you just need to look up the large stores in your industry: how they have employed the use of Apple Pay and learn from them what you can do to earn a competitive edge over your fellow small businesses.

  1. Talk to your credit card processor

Since Apple Pay uses an NFC technology, it will require you to have a POS system with a contactless reader. Does your current POS system provider offer that? If not, you may have to talk to eMerchantBroker.com for the same, or migrate there altogether. EMB does not only offer you a high risk merchant account, it also services you with just about every form of POS service.

  1. Talk with your customers

A good place to start: your very customers. It’s important to get their feelings about the new technology. If it is what they want, you will be assured that you are doing the right thing. You don’t want to introduce Apple Pay to a market of Android users. Nonetheless, chances are that Apple Pay is something they are not only interested in, but are also likely to embrace.

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