Square's Tap to Pay on iPhone is a contactless payment processing solution enabling businesses to accept payments directly through iPhones without additional hardware. The service integrates with Square's ecosystem and supports various payment methods while emphasizing security and mobility.

Key Features

Contactless Payment Acceptance

• Processes debit/credit cards, Apple Pay, and digital wallets via iPhone's NFC
• Compatible with iPhone XS and newer models running iOS 15.5+

Security Infrastructure

• Apple's secure element technology prevents storage of card/PIN data
• Square provides PCI compliance support and fraud monitoring

Pricing Structure

• Flat rate of 2.6% + $0.10 per transaction
• No long-term contracts or hidden fees

Integration Capabilities

• Works with Square POS app and existing Square hardware
• Syncs with Square Analytics and Marketing tools

Benefits

Mobility Enhancement

• Enables payments anywhere with cellular/internet connection
• Reduces the need for dedicated POS hardware

Operational Simplicity

• Four-step setup: Download app → Enable feature → Add items → Accept payments
• Compatible with Square's inventory and staff management tools