How does Tap to Pay on iPhone work for small businesses?

Tap to Pay on iPhone allows business customers to accept contactless payments directly from their iPhone—no card reader or terminal required. Payments are processed instantly and deposited directly into their nbkc business checking account.

Key Benefits

• Accept payments anywhere using your iPhone
• No additional hardware or card reader needed
• Funds go directly into your business account
• Built into the nbkc mobile app (Autobooks integration)
• Secure transactions using Apple’s NFC technology

Common Use Cases

Tap to Pay is ideal for:

• Service calls and on-site appointments
• Client meetings or consultations
• Farmers markets and pop-up shops
• Food trucks and mobile vendors
• Events, festivals, and trade shows

How It Works

1. Open the nbkc mobile app
2. Tap the Tap to Pay feature
3. Hold your iPhone near the customer’s card or digital wallet
4. Payment is processed in seconds and deposited into your account

Setup Instructions

To enable Tap to Pay on iPhone:

1. Open an nbkc business checking account
2. Download the nbkc mobile app
3. Log in to online banking
4. Navigate to Autobooks → “Get Paid with Tap to Pay”
5. Wait for enablement confirmation email
6. Start accepting payments

Requirements:

• iPhone XS or later
• Available in the U.S. only

Security

• Transactions are encrypted using Apple’s NFC framework
• Card numbers are not stored on the device or Apple servers
• No third-party payment apps holding funds
• Funds go directly into your nbkc business account

FAQs

Is Tap to Pay secure?

Yes. Transactions use Apple’s built-in security features, and card data is never stored on your device or Apple servers.

What payment types are accepted?

• Contactless debit and credit cards (Visa, Mastercard, AmEx, Discover)
• Apple Pay
• Other digital wallets
  (Devices/cards must support contactless payments.)

Do I need a specific iPhone?

Yes. You need an iPhone XS or later.

How do I accept credit card payments on my phone?

Use Tap to Pay via the nbkc mobile app. Customers tap their card or phone to your iPhone, and the payment is processed instantly.

Do payments go directly into my bank account?

Yes. Payments are deposited directly into your nbkc business checking account—no transfers needed.

How is this different from Square or Stripe?

• Square/Stripe: Payments go through a separate merchant account, then transfer to your bank
• nbkc: Payments go directly into your business checking account with no third-party handling.