Are you aware of Apple Pay’s digital payment feature? It is a payment service, which is owned by Apple Inc., that lets its users make hassle-free and contactless payments in the Messaging app by scanning Apple QR codes at different restaurants and merchant services. Whether it is adding money to paypal or adding money to your Venmo account, the process stays the same. Using this service and transferring money is an easy task; you just need to know the interface.
In order to send money with Apple Pay, your main task is to connect your Apple Wallet with your debit or credit card and then access these services from your app’s wallet. Apple Pay is easy to use and comparatively safer than other apps.
If you are trying to figure out how to send money through Apple Pay, in that case, you have two options: make payment through Apple Wallet or via Apple Cash card.
What needs to be kept in mind is that these payment services are only available in the U.S.A. Do you eagerly want to know in detail how to send money through Apple Pay? All you have to do is skim through the topics mentioned in the table.
Apple Pay is a mobile payment solution that works on NFC technology. It is supported on Apple devices like iPhones, iMac, iPads, and Apple watches. Through this payment service, you can make payments on the web, in iOS apps, and in person by scanning Apple scan codes.
The technology it uses safeguards your credit card information and does not let your transactional information get into the hands of others or hackers. Currently, the services are only provided by Green Dot Bank in the U.S. Apple Pay has all the potential to replace credit or debit card and pin transactions (like NEFT).
Apple Pay was introduced in 2014 by Tim Cook. He stated that most people use credit cards but added: “(they’re now a) fairly antiquated payment process” that is almost 50 years old.
In order to make Apple Pay work, all you need to possess is an Apple device. It works through NFC, which is built into Apple devices. You need to understand that Apple Pay consists of two parts:
After this, authentication and verification are complete. You will witness slight vibration in the phone, followed by a checkmark on the screen, indicative of successful payment. Let’s explore the process of setting up Apple Pay before delving deeper into the topic of how to send funds via Apple Pay.
In order to set up this platform, you need to follow these simple steps:
This is how you can set up the payment service to receive and send money through Apple Pay.
Hopefully, you all got familiar with the steps of setting up this payment service. So, let’s cruise through the main topic of discussion, i.e., how to send funds via Apple Pay.
Youth who prefer cashless payments are searching for how do you send money through Apple Pay. The younger generation usually prefers using in-built wallets and service apps than downloading different payment apps.
So, let’s come together and resolve this issue of how to send money on Apple Pay in some simple steps.
Firstly, in this process, you need to install the app.
Once this process gets completed, you need to set up the payment service by the steps mentioned in the first section of the article. These steps will help you in moving a step further to learn how to send funds via Apple Pay.
When your card successfully gets linked with your Apple Wallet, you can initiate making a payment to a restaurant or a merchant using a contactless payment method.
It is an extremely wise decision to make payment without carrying along cards, remembering pins, or managing a bundle of cash. The contact payment through Apple Pay is hassle-free. Make sure the shopkeeper has a valid Apple Pay QR code or not.
Different iPhone users might experience slight differences in the steps, depending on the model of iPhone they use. The steps below will clearly define how to send funds via Apple Pay using an iPhone:
By now, you might have learned how to send money on Apple Pay. For an error-free payment, follow the steps without missing out on any step.
If you want to send money to someone, you need to know that it is different from making payments for merchandise through cashless readers.
In order to enable sending money to someone on Apple Pay, first link your Apple Wallet with Apple Cash. The question might pop up, how to do it? Below are some steps to follow in order to set up Apple Cash in your app wallet:
Your adrenaline might have shot up as you reached the final stage of the process of how to send money on Apple Pay.
Before moving forward, take your time to analyze all the steps mentioned above. Once you are done, let’s move forward with our quest of how to send someone money on Apple Pay. Meanwhile, when you are done with setting up your Apple Cash balance, you are ready to make payments through it.
Apple Cash is the simplest way of sending and receiving money over text. When you receive money in messages, it is directly added to your Apple Cash card and can be accessed to make payments. You also have the option to transfer your Apple Cash balance to your bank account.
Now you are filled with knowledge about these payment services; it’s time to reap the benefits of this knowledge. You might be thinking, how? By learning and executing the payments on this payment service app.
Follow these simple steps to send money through Apple Pay:
Don’t worry if the transaction takes some time due to a rush on the server. Your transaction will remain secure.
Note: Both the sender and receiver should possess an Apple device and Wallet.
Hopefully, you have understood all the steps inculcating the major issue of how to send money through Apple Pay. Now, you have learned all the steps and are aware of the peculiarities associated with making payments through this service. What are you waiting for? Try to send funds with Apple Pay and let us know about your experience.
Does the sending feature of this payment service intrigue you enough to know how to receive money on Apple Pay? You need not ponder over this query anymore; all your skepticism will be put to rest. One thing you should know is that receiving money on this app is not as complex as sending it.
Following are the steps to follow in order to receive money on this payment service:
Important Things To Consider
Make sure you and the receiver have set up an Apple Wallet.Both the receiver and sender should possess Apple devices.The money you receive will go to your Apple Cash balance, and afterward, you can withdraw or transfer to the bank from there.In the case of manually accepting payments, you will receive a message that someone has sent you payment. You can either decline or receive it. You have a 7 days time frame to accept the payment. Otherwise, it will automatically decline that transaction.
This sums up your query about how to receive funds on Apple Pay. By now, you must have gained a grasp of the workings of these steps.
When we discuss competitors of Apple Pay, What comes to your mind? Most likely, Google Pay, Samsung Pay, PayPal, and Venmo might have crossed your mind. And you are not wrong in predicting it. When we try to draw a comparison between Apple Pay and its competitors, Google Pay and Samsung Pay are a few of the most searched competitors of Apple Pay. For the time being, I have decided to do a comparative study of only these three payment apps.
Let’s compare Apple Pay vs. Google Pay vs. Samsung Pay on a different basis.
|Basis||Apple Pay||Google Pay||Samsung Pay|
|Number of Users||43.9 Million||25 Million||16.3 Million|
|Availability||70 Countries||42 Countries||30 Countries|
|Authentication||Touch ID, Face ID, Passcode, and Password||Fingerprint, PIN, Pattern, and Password||Iris, PIN, and Fingerprint|
|Compatible Devices||Apple iPhones, Apple Watch, Macbook, iPads 5th generation, iPad Pro, and iPad Mini.||Android Phones with NFC and HCE support.||Samsung Galaxy S5 onwards and Gear Watches|
|Maximum No. of Cards||8 to 17 (Depending on the devices you are using)||5||10|
|Where it Wins||Versatility||P2P Payments||Availability|
This truly reflects the power that Apple Pay holds in the world, especially in the U.S. Most importantly; the table showcases the dominance of this payment wallet over other wallets available in the marketplace.
The above data also reflects the trust of people in the digital payment system of this app.
Apple Wallet is the base on which the hierarchy of Apple Pay and Apple Cash stands tall. By now, you must have gotten a detailed steps handbook for how to send money via Apple Pay.
This payment wallet is one of the most magical creations of Apple Inc., which offers its users the best payment services along with the best safety protocols at no cost.
This payment service has the potential to stay and dominate the digital wallet and payment space. Its Face ID and Touch ID features set it apart from other payment apps. The most remarkable feature which overshadows all the payment wallets is its automatic and manual payment-receiving feature.