How to Receive and Send Money Through Apple Pay in 2023?
Being an Apple device user, are you even using all the features offered by Apple? We are talking about the Apple payment application. This payment service by the company is extremely handy and makes digital transactions super easy. If you have not enabled Apple Pay on your device till now, you’ve missed a lot. But, better late than never, we have covered everything you need to know to receive and send money with Apple Pay in this blog.
Apple’s payment application is developed by the company to make digital payments and transactions easy for Apple users. Just like other applications like Venmo and
PayPal payment, this payment portal also has Wallet and allows you to link your debit card and credit card with your account. It provides two digital payment modes-Apple Pay and Apple Cash to the users.
Apple Pay can be used to pay money in-store or online within the US. Currently, it only permits domestic transactions and accepts US dollars. Meaning, you cannot receive or send money through Apple Pay outside the US.
Now that you have become familiar with Apple payment services, let’s dive deeper and understand Apple Cash and its application in detail.
But before moving ahead let’s make you aware of the reasons to use Apple Pay and what makes it the number one payment portal in the US.
Why Should You Use Apple Pay?
Apple Pay is ranked as the top payment application. Its digital banking services are provided by Green Dot Bank, a member of FDIC. According to the recent statistics of 2023, Apple Pay has more than 48 million registered users in the US.
Here are some of the top features that make Apple Pay so reliable for its users:
Faster payments than physical cards. Cashback and rewards on purchases. Accepted by millions of apps and shopping sites. Easier online checkout process. Send money to friends and family within a few seconds. Track your payment transactions any time. Simple steps to set up an account. Accessible on all Apple devices.
Do you often shop from Walmart? Then why not use Apple Pay for your next
Walmart purchase and get cashback or rewards in return?
We are sure that all these distinctive and secure features of Apple Pay have convinced you to switch your mode of payment. Isn’t it? Now, let’s explore more about this payment application in the coming sections.
What is the Difference between Apple Pay and Apple Cash?
Apple Pay and Apple Cash are two different modes of payment on the payment application. Here’s what you should know:
Apple Pay Apple Cash Apple Pay is a feature to make digital payments through the balance in your account or with a debit card or credit card linked to your account. Apple cash is a digital card provided by Apple Wallet to make money transactions through iMessage and Apple Wallet.
To start making transactions and to opt to send money on Apple Pay, all you need to do is to go to the Apple Store and download & install the official application on your Apple device.
Note: This payment portal is only compatible with Apple devices (Mac, iPhone, and Apple Watch). How to Apple Pay Someone With Apple Messages?
Apple messages is a versatile app, not just for exchanging SMS, you can also opt to send money Apple Pay. Apple cash is integrated with Apple messages and the money can be sent as fast as your messages.
Here are the steps on how to send money on Apple Pay with iMessage:
Unlock your Apple device and open the Message application. Now, click on the existing chat or start a conversation with the person you want to send money to. Here, tap on the Apple Cash button at the bottom of the screen. Enter the amount you want to pay and tap on the Apple Pay send money button. Recheck the details and your payment will be authorized.
In case you want to choose a different method to pay someone through the payment portal, you can opt to make a payment with Apple Wallet.
How to Pay Someone with Apple Pay Wallet?
The payment application has an in-built wallet to save your money, and it can be utilized at the time of the transactions.
Here are the steps on how to send money via Apple Pay from its wallet:
First, open the payment wallet on your Apple device. Select your Apple cash card and click on the Send Money button. Add the recipient’s contact details from your contact list or save new contact info. Now, enter the amount you want to send in the given field. Lastly, click on the Apple Pay send money button after rechecking the details entered. The application will authorize your payment and the money will be sent to the recipient.
In case your Apple Cash card and Apple Wallet money gets exhausted, you can use bank funds and debit cards, and credit cards linked to your account to transfer funds and make the transaction. Let’s learn how you can do it in the next section.
How to Send Money Via Apple Pay?
Apple Pay’s default settings will take you to Apple Wallet and Apple messages to make the transaction. However, you can also choose to pay with the linked payment methods to your account manually.
But for this, the first thing you need to do is add your card details to your account if you haven’t already. Follow the instructions below to add card details:
Open Apple Wallet on your device and go to system preferences. Now, Click on Wallet and Apple Pay and tap on Add card. You must now follow the on-screen prompts to add your card details. Save changes and the Apple Pay Send Money app will automatically check and verify your identity with your bank or card issuer. Once Apple Pay sends money, the app authorizes your identity, and your card details will be saved to your account.
The next time you make a payment with the application you can now choose to pay with your linked card.
How to Send Money Using Apple Pay on iPhone or iPad?
If you are an iPhone or iPad user, follow the instructions written below to send money using Apple Pay:
Unlock your iPhone or iPad and open the Apple message app. Here, click on the conversation with the person you want to send money to. Click on the Apple cash button and enter the amount you want to send. Tap on Send button and verify your identity by conforming to the face ID, Touch ID, or passcode. That’s it, the recipient will then accept the money to receive it in their account.
Do you have an Apple Watch? You must access the payment application on your watch as well to make your digital transactions super easy. Learn the steps of how you send money through Apple Pay on Apple Watch in the next section.
How do I Pay Someone with Apple Pay on Apple Watch?
Apple Watches are very handy and can be used for making payments as well.
To do so, follow the steps we have jotted down below:
On your Apple Watch, go to i Message. Tap on the existing chat or start a new chat with the person you want to send money to. Click on the App Store button and choose the Apple cash button. Enter the amount in the given field and click on the Send button. Confirm your identity and double-click the right button to send the payment.
These were the methods on how to send money with Apple Pay. With this payment portal, you can also transfer money to your debit card whenever required. Let’s discuss more of it in the next section.
How to Transfer Money from Apple Pay to Debit Card?
Your money can be transferred from Apple Pay instantly, or it can take 1–3 days for the same, depending on the method you choose.
You can either use a bank transfer, which can take up to 3 days, or you can opt for the instant transfer option through an eligible Mastercard or Visa card.
To transfer money with an eligible debit card, follow the steps we have listed below:
On your device, open the Wallet application. Tap on the Apple cash card and click on the (three dots) More button. Click on the Transfer to Bank button. Enter the amount and click on Next. Tap on the Instant transfer button and select the credit card you want to transfer funds to and select the billing information for the chosen debit card. That’s it, your funds will be transferred within 30 minutes. Bank Account
To transfer money with your bank account funds, follow the steps given below:
Open the wallet application on your Apple device and click on the Apple cash button. Now, tap on the More button and choose the transfer to bank option. Here, enter the amount you want to send and tap on the transfer button. Confirm your identity and your amount will be transferred within 1–3 days.
You must be clear about how to use Apple Pay to send money and the steps to transfer money now. Let’s now learn how to receive money on Apple Pay in the coming section.
How to Request Money on Apple Pay?
The best part about this digital payment application is that you can send a payment request to your sender, and then they can eventually send you the money that you have been waiting for.
Here, We have explained the different ways to request money in detail below.
On iPhone and iPad
iPhone and iPad users must follow the steps listed below to request money on Apple Pay:
Go to iMessage and tap on the conversation with the person you want to send money to. Tap on the App Store button and choose the Apple Cash button. Enter the amount you want to receive and click on Request. Lastly, select the send button to request payment. On Apple Watch
If you use Apple Pay on your Apple Watch, then follow the instructions written below to request money:
Open iMessage and choose the conversation with the person you want to send a payment request to. Tap on the App Store icon and select Apple cash from the options. Enter the amount you wish to receive. Lastly, click on send then the request payment button. From Apple Wallet
If you want to request money from your Apple Wallet, then you can follow the step written below:
Open the Apple Wallet application. Now tap on the Apple cash card. Click on the Send or Request button and select the person you want to receive money from. Enter the amount and tap on Request. Lastly, click on the Send tab to request the payment.
Now that you are aware of the steps to request money, once someone responds to your request and sends the payment, you then need to follow the procedure to receive money on Apple Pay, here’s how that works.
How to Receive Money on Apple Pay?
The first time someone sends you money on the application, you get 7 days to accept the payment. Then you need to accept the terms and conditions of the digital payment application. After doing so, your payments will be automatically accepted.
You also get the option to manually accept payment whenever someone sends you money. For that, you need to tap on the accept button in the iMessage.
To receive money with Apple Pay on iPhone, follow the instructions below:
Go to your Wallet and then click on the Apple Cash card. Tap on the more options button and select card details. Click on the Automatically Accept payment or Manually accept payment button according to your preference. That’s it you are all set to receive money. iPad
If you are an iPad user and want to receive money, refer to the steps we have listed below:
First, unlock your iPad and go to the Settings application. Scroll to the bottom and tap on Apple and Wallet Pay. Now, click on the Apple cash card. Lastly, choose automatically or manually accept the payment. Apple Watch
Apple Watch users can also enable receiving money easily through their iPhone with the help of the steps given below:
First, unlock your iPhone, and go to the Apple Watch application. Scroll down to the bottom then tap on Apple and Wallet Pay. Here, select Apple cash card and then choose to automatically or manually accept payment.
Once you make these changes, it will be saved on all your devices.
Apple Pay is a payment application by Apple, Inc for Apple users. With this payment portal, you can link different payment methods (debit card/credit card), and activate your Apple Wallet to make online or in-store payments. In this blog, we have explained how to send money through Apple Pay, how to request money, and how to receive money.
Frequently Asked Questions Ans: You can either send money through Apple Wallet or directly through iMessage: Open the Apple message app and tap on the chat with the person you need to send money to. Then click on the App store icon and select the Apple cash card option. Enter the payment amount and tap on the Pay button to send the money. Ans: To send money through Apple Pay: Open your Apple Wallet then click on the Apple cash card. Here, select the person you have to send money to. Lastly, enter the amount in the given field and click on the Pay button. Ans: Currently, the payment services are only available in the US.