Posted by | Updated on August 29, 2022If you have an Apple device like an iPad or iPhone, Apple pay is an easy way to access your money using your device. The app provides different services to make it easy to use your money. If you want to learn more about how to send money through Apple Pay, you can read more below. Show
What is Apple Pay?Apple Pay is a payment service provided by Apple through applications on various Apple devices. Similar to Venmo, the apps let you link your credit or debit card so you can send money. You can also use Apple Pay to pay for things in stores and online. How to Send Money Through Apple PaySending money through Apple Pay requires you to have the app installed first. Once you do, it’s just a few steps to link a source of money and send a payment. Each of these steps is explained in detail below. Note that Apple Pay is only compatible with Apple devices such as Mac, iPhone, or Apple Watch. Install Apple WalletHere are three easy steps to explain how to install Apple Wallet on an iPhone.
Add a Payment MethodTo send money through Apple Pay, you need a linked payment method. Then, when you make a payment or send money, the money is automatically taken from the card you linked. Follow the instructions below to link a payment method on the iPhone version of Apple Wallet.
Please note that not all cards are compatible with Apple Pay. Check support.apple.com to see if your bank or card-issuer is supported by Apple Pay. If your card is not supported you will not be able to use it as a payment method. You can have more than one card linked to your Apple Wallet. When you make a payment or send money you can choose the card you want to use as the source of funds. Send a PaymentOnce you have a linked card, you can send a payment. You can pay using Apple Pay at any merchant that displays the Apple Pay logo. The shop or seller will have a contactless point-of-sale device that is compatible. The instructions below will guide you on how to send money through Apple Pay using an iPhone:
How to Send Someone Money With Apple PayThe way to send money to someone’s Apple Wallet is different than how to send money through Apple Pay to pay at a restaurant or shop, for example. To send money to someone, you use the Apple Cash function of Apple Wallet. Apple Cash is a peer-to-peer payment service for sending money to other Apple Wallet users. Set Up Apple CashThe service for sending cash between Apple Wallet users works differently than paying a merchant with a point-of-sale device. You must use Apple Wallet to add money to your Apple Cash balance, then you can use your Apple Cash balance to send to other people. Follow the instructions below to set up Apple Cash in your Apple Wallet app on your iPhone:
Send a PaymentApple Cash is integrated with the Apple Messages app. Sending money using Apple Cash is similar to sending an instant message using the Messages app. Follow the instructions below to send money to someone through Messages:
Please note that the person you send money to must have an Apple device with Apple Wallet installed. They do not need to have a linked payment method just to receive the funds, however. If you make a mistake you can cancel the transaction for as long as the person you sent it to has not accepted it. If they have already accepted it, you can ask them to refund the money. How to Withdraw Money from Apple PaySometimes you may need to move money from your Apple Cash balance to your bank account. You must have a compatible linked payment method to withdraw money from Apple Pay There are two options for withdrawing money from Apple Pay. You can do an instant transfer to a linked debit card, or transfer in 1-3 business days to your bank account. Here are the guidelines for transferring money from your Apple Cash balance to a debit card:
After you confirm the transaction, your funds should be available on your debit card within 30 minutes. Here are the guidelines to transfer money from your Apple Cash balance to your bank account:
After you confirm the transaction, it will take up to 3 business days for the funds to be available in your bank account. Read More
Final ThoughtsApple Wallet is a smartphone application developed by Apple, Inc. It allows you to link payment methods to send money through the app and make online and in-store purchases – much like PayPal. You can also receive money and withdraw it into your bank account or debit card. To choose how to send money through Apple Pay, you must have the Apple Wallet app installed, and have a linked payment method. Need a Loan? Get One in 3 Simple StepsIf you are considering applying for a personal loan, just follow these 3 simple steps. Apply Apply online for the loan amount you need. Submit the required documentation and provide your best possible application. Stronger applications get better loan offers. Accept If your application meets the eligibility criteria, the lender will contact you with regard to your application. Provide any additional information if required. Soon you’ll have your loan offer. Some lenders send a promissory note with your loan offer. Sign and return that note if you wish to accept the loan offer. Repay The loan then gets disbursed into your U.S. bank account within a reasonable number of days (some lenders will be as quick as 2-3 business days). Now you need to set up your repayment method. You can choose an autopay method online to help you pay on time every month.
About Stilt Stilt provides loans to international students and working professionals in the U.S. (F-1, OPT, H-1B, O-1, L-1, TN visa holders) at rates lower than any other lender. Stilt is committed to helping immigrants build a better financial future. We take a holistic underwriting approach to determine your interest rates and make sure you get the lowest rate possible. Learn what others are saying about us on Google, Yelp, and Facebook or visit us at https://www.stilt.com. If you have any questions, send us an email at [email protected] Frank GogolI’m a firm believer that information is the key to financial freedom. On the Stilt Blog, I write about the complex topics — like finance, immigration, and technology — to help immigrants make the most of their lives in the U.S. Our content and brand have been featured in Forbes, TechCrunch, VentureBeat, and more. Stilt, Inc strives to keep this blog information accurate and up to date. All information is presented without warranty. Discrepancies may be found. This blog does not consist of legal advice. Current States: AZ, IL, FL, TX, PA, CA, MI, WA, UT, OH, MO, TN, GA, NY, NJ, NC, WI, MA, VA. Stilt loans are originated by Stilt Inc., NMLS#1641523 ( NMLS Consumer Access ). Terms and conditions apply. To qualify for a Stilt loan you must reside in an eligible state and meet Stilt's underwriting requirements. Not all borrowers receive the lowest rate. Rates and terms are subject to change at anytime without notice and are subject to state restrictions. To check rates and terms Stilt may be able offer you a soft credit inquiry that will be made. This soft inquiry will not affect your credit score. However, if you choose to accept a Stilt loan offer, a hard inquiry from one or more of the consumer reporting agencies will be required. A hard inquiry may affect your credit score. If you could receive a $10,000 loan with a term of 18 months with an APR of 13.00%, the monthly payment will be $614.48. No down payment is required. The minimum loan amount in MA is $6,001. Can you send someone money on Apple Pay with a credit card?Sending and receiving money with Apple Pay and the Apple Cash card are services provided by Green Dot Bank, Member FDIC. Learn more about the Terms and Conditions. You can't use credit cards with Apple Cash, and you might not be able to use some prepaid cards.
How do you pay someone with a credit card?Here's a quick breakdown of how to send money after you download a payments app:. Add your credit card as a payment method.. Choose the option to send money.. Look up the recipient through their name, phone number, or email address.. Pick an amount to send and confirm the transaction.. |