HOW TO SEND MONEY APPLE PAY: The Ultimate Guide

If you have an Apple phone, you may not be making use of all of the useful options for digital payments and shopping. If you live in the United States, one useful feature is the ability to send payments via Apple Pay and Apple Cash. Apple Pay payments are simple and quick – this article explains how to transfer money to others using Apple Pay, including payment choices available from the United States. We’ll also look at how to use Apple Pay to add and send money to friends, how to get an Apple cash card, and how to transfer money to a bank instantly.

How to Send Money Apple Pay

To send money to friends using Apple Pay, you must first have the app installed. It only takes a few steps after that to link a money source and send a payment. Each of these steps is described in greater detail below. It is important to note that Apple Pay is only compatible with Apple devices such as the Mac, iPhone, and Apple Watch.

Download and install Apple Wallet.

Here are three simple steps for installing Apple Wallet on an iPhone.

Go to the App Store.
Look for ‘Apple Wallet’.
Download and install Apple Wallet.

Add a Payment Method

A linked payment method is required to send money to friends with Apple Pay. When you make a payment or send money, the funds are automatically deducted from the connected card. To link a payment method on the iPhone version of Apple Wallet, follow the steps below.

Open the Apple Wallet app
Tap the Add button
Select a Debit or Credit Card, depending on what kind of card you have
Tap Continue
Follow the instructions on-screen for adding a new card
If you are asked to, select your bank or card issuer from the given list or use the search bar to find it
Verify your information with your bank or card issuer.

Please keep in mind that not all credit cards are compatible with Apple Pay. Check support.apple.com to discover if Apple Pay is supported by your bank or card provider. You will not be able to use your card as a payment option if it is not supported.

You can link many cards to your Apple Wallet. When you make a payment or send money, you can specify which card to use as the source of funds.

Send a Payment

You can send payments after you have linked a card. Apple Pay is accepted at any merchant that displays the Apple Pay logo. The shop or seller will have a compatible contactless point-of-sale device.

The steps below will show you how to send or transfer money using Apple Pay on an iPhone:

Launch the Apple Wallet application.
To use your default payment card, follow these steps: Double-click the side button on your iPhone if it has Face ID. Authenticate with Face ID or enter your passcode if your iPhone has Touch ID.

Tap your default card to see your other cards and choose another. Authenticate by tapping a new card.
Place the top of your iPhone near the contactless reader until you see “Done” and a checkmark appears on the screen.

How to Add Money to Apple Pay

One of the simplest methods is to transfer money from a bank account to Apple Pay. There is no need for a debit card in this method, and utilizing your bank account to finance your Apple Pay account works just as well. Follow these simple steps to add money to Apple Pay from your bank account quickly and securely—and without a card.

#1. Launch the “Wallet” App.

Apple Pay does not have its own App Store app. Instead, it may be found in the Wallet app. The Wallet app is free and pre-installed on every iPhone, providing Apple users with a location to store all of their digital cards, passes, and identifications.

You can also add debit cards, credit cards, gift cards, concert tickets, plane passes, and other items to the Wallet app, allowing you to scan your phone instead of carrying a paper ticket.

#2. Select Apple Cash.

Apple Cash should be displayed in your digital wallet as a card. The background should be black, with a white Apple logo and the word Cash in the upper left-hand corner. When you click on it, the card expands and displays your most recent Apple Pay transactions.

#3. Select the Three Dots

A button that looks like a hollow circle with three dots in the middle is located in the upper right-hand corner of the Apple Pay screen. To proceed, click on that button.

#4. Select Card Details

The three-dot button will provide you with a few options. You can add money if you already have a linked account, or you can transfer your balance to your bank if you already have that set up.

You can also view your Apple Pay card information, such as whether or not you wish to accept payments automatically or manually. Also, you can contact Apple Support and view your Apple Pay card data from this page.

#5. Select Bank Account.

By clicking the “Bank Account” button, you can see which bank accounts are currently linked to Apple Pay and add or remove any additional ones. I’ve had my bank account linked to Apple Pay for a while now, so it appears on my screen.

When I click on the bank account to which I am currently linked, Apple Pay allows me to modify the account’s information. It also displays the final four digits of my account number and routing number, allowing me to distinguish it from other accounts I could link.

#6. Select Add Account.

You’ll need your bank account’s account number and routing number to add it to Apple Pay. If you don’t know what they are, you can look them up on your bank statements online if your bank has an app.

After you enter the details, Apple may send you a trial deposit to validate that the correct account is linked. Trial deposits are often less than $1, so if you notice one to two $.50 withdrawals and deposits from Apple in your account, know that it’s them validating the transaction looks good on their end.

#7. Select Add Money.

When your bank account is fully linked to Apple Pay, you will be able to add money to your Apple Cash account from it. Money from your bank account can be added instantly, and once it’s in your Apple Cash balance, you can send it to any other Apple Pay user.

If you want to transfer money from Apple Pay to your bank account, you may need to wait 1-3 business days. Even if you don’t already have a bank account, adding money from a bank account to Apple Pay is simple.

How to Transfer Money From Apple Pay to Bank Instantly

Unfortunately, there is no way through Apple Pay to transfer money from Apple Pay to your bank account instantly. Transfers typically take 1–3 business days.
I use Apple Pay quite frequently, and my transfers never take more than one business day to reach my account. Consider linking your debit card to Apple Pay if you need to transfer funds from Apple Pay to your account as soon as possible.

If your debit card is linked to your bank account, any amounts that would have been charged to your card will instead be deposited into your account. You can also enable the fast deposit feature by adding a debit card to Apple Pay.
The term is accurate, as it is Apple’s method of rapidly depositing payments to your debit card.

How to Get Apple Cash Card

To obtain an Apple Cash card, you must meet the following conditions and take the following steps:

Eligibility: Apple Cash is available to residents of the United States who are 18 years of age or older and own a compatible iOS device running the most recent version of iOS.
Enable Apple Pay: Ensure that Apple Pay is enabled on your iPhone. To add a debit or credit card to Apple Pay, use the Wallet app and follow the on-screen instructions. You may be needed to provide identification and agree to the terms and conditions.
Authenticate your identity: To use Apple Cash, you may need to authenticate your identity in specific circumstances. This is accomplished by supplying your entire name, birth date, and the last four digits of your social security number.
Enable Apple Cash: Open the Wallet app and tap on your Apple Pay card. Look for the “…” button (three dots) and tap on it. Then, to enable Apple Cash, select “Set Up Apple Cash” and follow the on-screen instructions.
Accept the terms and conditions: Examine and accept the terms and conditions for using Apple Cash.
Create a one-of-a-kind Apple Cash card: After you finish the setup process, Apple Cash will generate a virtual Apple Cash card for you. This card will be saved in your Wallet app and can be used to make purchases.
Add money to your Apple Cash card: You can add money to your Apple Cash card by transferring money from your bank account or receiving money from others using Apple Pay.

It’s crucial to note that the availability and particular methods for obtaining an Apple Cash card may differ depending on your location and Apple’s current regulations.

How to Send Money to Friends on Apple Pay

Sending money to friends with Apple Wallet differs from sending money via Apple Pay to pay at a restaurant or store, for example. To send money to someone, use Apple Wallet’s Apple Cash feature. Apple Cash is a peer-to-peer payment service that allows Apple Wallet users to send money to other Apple Wallet users.

Set Up Apple Cash

The service for sending money between Apple Wallet users differs from paying a retailer with a POS device. You must use Apple Wallet to add money to your Apple Cash balance before you can use it to send money to others.

To set up Apple Cash in your iPhone’s Apple Wallet app, follow the steps below:

Open the Apple Wallet app
Tap the image of an Apple Cash card, then tap the More button (…)
Tap Add Money.
Choose an amount of money to add to your Apple Cash balance. The minimum amount is $10
Tap Add, then choose which linked card you want to take the money from
Confirm that the billing address shown is correct
Confirm the authorization of the transaction using Face ID, Touch ID, or your passcode.

Send a Payment

Apple Cash is built into the Apple Messages app. Sending money with Apple Cash is comparable to sending an instant message with the Messages app. To send money to someone via Messages, follow the steps below:

Open the Messages app
Start a new conversation with your contact or choose an existing conversation
Tap the Apple Pay button. If you don’t see the Apple Pay button, tap the stylized A next to the message bar first
Enter the amount of money you want to send to this contact
Tap Pay
Tap the send button. You can now review or cancel the payment
Authorize and confirm your payment with Face ID, Touch ID, or your passcode.

Please keep in mind that the recipient must have an Apple device with Apple Wallet loaded. They do not, however, require an associated payment method to get the funds. If you make a mistake, you can cancel the transaction as long as the recipient hasn’t accepted it. If they have already accepted it, you can request a refund.

Can I Send Money From Canada to the US Using Apple Pay?

Person-to-person payments using Apple Pay are only accessible in the United States. This implies that you can use Apple Pay to send money to someone in the United States, but not for cross-border transactions like sending money from Canada to the United States.

What Is the Apple Cash Limit?

The Apple Cash card has some restrictions. These limits may differ depending on your account status, verification level, and regional legislation. Here are some general Apple Cash restrictions:

The daily limit for sending and receiving money with Apple Cash: The daily limit for sending and receiving money with Apple Cash is $10,000. The weekly and monthly limits are $20,000 and $40,000.
Apple Cash card balance limit: You can have a maximum amount of $20,000 on your Apple Cash card.
Adding funds: You can add up to $10,000 in a single transaction, and there is a rolling seven-day limit of $20,000 for adding funds.

How to Transfer Money From Apple Pay to the Cash App Without Card?

It is not possible to transfer money directly from Apple Pay to the Cash App without a card. Apple Pay is primarily intended for making payments using your associated debit or credit cards, while the Cash App is a distinct platform for sending and receiving money.

Transferring money from Apple Pay to Cash App often requires linking a debit card or bank account to Cash App and initiating the transfer from within the Cash App.

How Do I Add a Bank Account to Apple Pay?

To add a bank account to Apple Pay, you can follow these general steps:

Ensure compatibility
Open the Wallet app
Tap the “+” sign: Look for the “+” sign or the “Add” button within the Wallet app.
Select “Add a Bank Account.”
Follow the prompts

I agree to the terms and conditions
Verify the bank account
Confirmation

Where Is Apple Pay Accepted?

Apple Pay is accepted in many places, both online and in physical stores. Here are a few examples of areas where Apple Pay is commonly accepted:

Retail stores
Restaurants and cafes
Apps and online merchants
Transportation services
Entertainment venues
Banks and financial institutions

Can You Get Money With Apple Pay?

Apple Pay does not allow you to withdraw or receive physical cash. Apple Pay primarily functions as a digital payment system, allowing you to make purchases on compatible Apple devices using your associated debit or credit cards.

Conclusion

Apple, Inc. created the smartphone app known as Apple Pay Wallet. Apple Pay, like PayPal, allows you to link payment methods to send money through the app and make online and in-store purchases. You can also get cash and deposit it into your bank account or debit card. You must have the Apple Wallet app loaded and an associated payment method to choose how to send money with Apple Pay.

HOW TO SEND MONEY APPLE PAY: The Ultimate Guide

Table of Contents Hide