![]() ![]() The fee scale can range from zero to about 3%. Some only work between types of devices – Apple Pay only works between Apple devices, such as an Apple phone, for example. Other business payment apps accept multiple types of consumer payment apps. Some apps are specific to each other – consumer to merchant and merchant to consumer. ![]() Once the information is set up, the customer uses the app for payment, which can be online or point of sale contactless payments.Ī company can accept payments by installing the same app or a different mobile payments app on a biz computer or smartphone. But, the source can be a credit card, debit card or bank account. A customer uses a smartphone or computer and downloads a payment app and links the app to the customer’s preferred source, typically a credit card, to send money.
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