9/3/2022

The new iPhone payment Terminal and what this means for small businesses

Apple is set to announce that the iPhone will be able to act as a payment terminal. A no-hardware, contactless, point-of-sale payments terminal using just your iPhone.

The latest news in Fintech is that another barrier for small businesses could well be broken down. Apple is set to announce that the iPhone will be able to act as a payment terminal. A no-hardware, contactless, point-of-sale payments terminal using just your iPhone. The benefits of this go both ways, with customers now being able to pay in a multitude of different ways depending on what suits them, and the business now being able to accept all of these methods. Removing this barrier to sell connects a business with all prospective customers and this new innovation in the contactless payment world.

This innovation is something that TPF and our businesses will be able to take advantage ofWe also know that time is money, especially when you only have a small team to perform every role that your business requires. TPF wants you to spend as little time as possible on your accounting and banking, and more time doing the important things that will drive your business forward.

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