Apple Pay (2024)

FAQs

How do I use Apple Pay? ›

What is the difference between Apple Pay and Apple Wallet? Apple Pay is the safe way to pay and make secure purchases in stores, in apps, and on the web. Apple Wallet is the place where you store your credit or debit cards so you can use them with Apple Pay.

A 1.5 percent fee (with a minimum fee of $0.25 and a maximum fee of $15) is deducted from the amount of each Instant Transfer. Account security checks may require additional time to make funds available. Instant Transfers typically post immediately but can take up to 30 minutes.

Apple Pay is designed with your security and privacy in mind, making it a simpler and more secure way to pay than using your physical credit, debit, and prepaid cards. Apple Pay uses security features built-in to the hardware and software of your device to help protect your transactions.

If you apply for Apple Card and your application is approved, there's no impact to your credit score until you accept your offer. If you accept your offer, a hard inquiry is made. This may impact your credit score.

Apple Pay renders card-skimming devices irrelevant

If a thief has placed a card-skimming device on the card reader, they immediately have access to the information stored on the card's magnetic strip. The fact that there is no magnetic strip from which to steal makes each Apple Pay transaction safer.

Hackers use “man-in-the-middle” (MiTM) attacks to intercept your data while you're out in public. For example, if you enter your credit card information into Apple Pay while using public Wi-Fi, a hacker could steal your information and use it for financial fraud.

Why is Apple taking money from my account? ›

If you see 'apple.com/bill' on your billing statement

Apple.com/bill appears on your billing statement when you buy an app, music, movie, or other content from Apple. It also appears when a subscription renews and when a family member buys apps or content from Apple.

Cash App and Apple Pay are two of the most popular mobile payment applications. Fortunately, Cash App allows iOS users to integrate with Apple Pay — but only if you have a Cash Card, the app's free debit card.

Aside from the cost of the processing terminal (if you're required to upgrade the one you have or need to purchase one for the first time), Apple Pay is free for consumers and businesses to use.

Each installment is included in your Apple Card minimum payment and is due every month for the duration of the installment plan. The total amount that you finance increases if you buy an AppleCare+ plan.

The primary benefit of using Apple Pay is that you can store your debit or credit cards in the Apple Wallet for purchases. You don't need to take your physical cards out of your pocket, and can make a payment directly from your iPhone. If you like to keep your pockets empty, this can be really helpful.

At checkout, the merchant will simply prompt the customer to hold their iPhone or Apple Watch to pay with Apple Pay, their contactless credit or debit card, or other digital wallet near the merchant's iPhone, and the payment will be securely completed using NFC technology.

On your Android phone, open the Google Pay app . Wallet. Swipe left or right to the card you want to use. Tap the card you want to use as your default contactless payment method.

To protect your account and the security of your money, you might be asked to verify your identity when using Apple Cash, even if you have previously done so.

Some of Apple's partners include Best Buy, B&H Photo, Bloomingdales, Chevron, Disney, Dunkin Donuts, GameStop, Jamba Juice, Kohl's, Lucky, McDonald's, Office Depot, Petco, Sprouts, Staples, KFC, Trader Joe's, Walgreens, Safeway, Costco, Whole Foods, CVS, Target, Publix, Taco Bell, and 7-11.

Is Apple Pay cash free? ›

There's no fee to send, receive, or request money using Apple Cash. Setting up Apple Cash doesn't affect your credit and won't be impacted by any credit freezes. To protect your account, you might be asked to verify your identity at certain points when using Apple Cash.

The Apple Card credit limit is usually around $2,500 to start, according to forum posts, and some cardholders report limits as high as $20,000.

The Apple Card minimum payment is $25 or 1% of the statement balance, plus fees, past-due amounts, and interest – whichever is higher. If the statement balance is less than $25, the Apple Card minimum payment will be equal to the balance.

The card number from your credit, debit, or prepaid card is not provided when you use Apple Pay.

Apple Pay has 700 reviews and a rating of 4.73 / 5 stars vs PayPal which has 20047 reviews and a rating of 4.68 / 5 stars. Compare the similarities and differences between software options with real user reviews focused on features, ease of use, customer service, and value for money.

Will I be able to view my Apple Pay transactions in my bank statement? Transactions will appear as they normally do on a bank or credit card statement. It is not possible to show if a transaction was made using Apple Pay, contactless card or chip and PIN.

When you make a purchase, Apple Pay uses a device-specific number and unique transaction code. So your card number is never stored on your device or on Apple servers. And when you pay, your card numbers are never shared by Apple with merchants. Your purchases stay private.

Like all credit cards, Apple Card requires that you have a bank account for making payments. As you might expect, Apple makes it easy to select a bank account for ‌Apple Card‌ payments using the Wallet app on your iPhone.

To use Apple Pay, you need: A compatible device¹ with the latest version of iOS or iPadOS, watchOS, or macOS. A supported card from a participating card issuer. An Apple ID signed in to your Apple device.

Is Apple Pay a credit card? ›

To create Apple Card, we needed an issuing bank and a global payment network. Apple Card is the first consumer credit card Goldman Sachs has issued, and they were open to doing things in a new way. And the strength of the Mastercard network means Apple Card is accepted all over the world.

$9.99 per month is the cost of 2TB of iCloud storage. You can check if this is what you have by signing in at https://www.icloud.com and clicking 'Account settings'.

Under Latest Transactions, tap the payment, then tap it again. Tap Cancel Payment.

You can cancel a payment only if the recipient is not enrolled in Zelle. Not only is Apple Pay a safe alternative to Zelle, but there are some key differences between the two.

Despite the popularity and convenience of Apple Pay, Walmart has not implemented Apple Pay at its registers. Instead, Walmart encourages customers to download the Walmart app to use its own touchless mobile payment option, Walmart Pay.

Similar to Venmo or Cash App, Apple Cash lets you instantly send money to another iOS user. You don't even need a new app, as it's built right into iMessage. Apple Cash was released as part of iOS 11.2.

Is there a fee? If you use Apple Pay at the register in stores or restaurants, Apple does not charge any fees. Since merchants consider this a “card present” sale, however, the merchant may charge additional fees, just like they would for physical credit card users.

To use Apple Pay in a store, double-press the side button or Home button on your iPhone. Then, use Touch ID or Face ID to unlock your iPhone. Next, hold your iPhone close to the card reader until you see Done appear on your screen. Double-press the side button or the Home button on your iPhone.

Does Apple Pay ask for Social Security number? ›

The first time that you verify your identity, you might be asked for this information: Your full name. Your Social Security number.