On an Apple device, click or tap the Apple Pay button and pay with a touch or glance. On a non-Apple device, scan the Apple Pay code with your iPhone camera and use your iPhone to complete your purchase.
At the payment terminal in the store, present your rewards card by holding iPhone near the contactless reader. Apple Pay then switches to your default payment card to pay for the purchase. In some stores, you can apply your rewards card and payment card in one step.
Cons of Apple Pay
Apple Pay is not accepted at all retailers and not compatible with all banks or card issuers. Backup may be required, just in case. Apple Pay only works if your phone does. You may still need to carry a physical credit card as a backup in case your battery dies or you misplace your phone.
If you pay with Apple Pay using a debit card, there are no additional fees. Finally, there is no fee for transferring money to another Apple Pay user from a debit card linked to Apple Pay. However, you will pay a 3% fee if you transfer money to an individual using a credit card linked to Apple Pay.
In some countries and regions, you might need to enter your PIN, sign your receipt, or use other methods of verification as a request from the merchant or card issuer. Card issuers and merchants may set transaction limits or PIN requirements. Please contact the card issuer or merchant for more details.
Apple Pay transactions incur no more charges for customers or businesses than traditional credit card transactions do. While there might be some setup costs, purchases such as NFC-enabled payment terminals can be a good investment to keep the organization up to date and provide a smoother checkout process.
What is the difference between Apple Pay and Apple Wallet? Apple Pay is a 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.
There are no fees to transfer money from Apple Cash to your bank account unless you use Instant Transfer to send money to your debit card.
Since Apple Pay doesn't store your credit or debit card number on the device, you never reveal your name, card number or security code to merchants.
Hold your Android device near the card reader and wait for the checkmark. Pay with your default card or select another. Google Pay will handle the rest. Order free stickers for your business to let customers know you accept Google Pay.
Send money in the Wallet app using Apple Cash
Tap Send or Request, then select or add the person you want to send money to. Tap Next, then enter the amount you want to send. Double-click the side button to pay. Confirm your payment with Face ID, Touch ID, or your passcode.
Easy to use. To set up Tap to Pay on iPhone, enable it in the payment app of your choice. To accept a payment, open the app, enter the amount, and present your iPhone to your customer. To pay, the customer holds their card horizontally or places their device directly over the payment symbol.
There are a few downsides to Apple Pay. The biggest con is that while Apple Pay is popular, there are still some customers who don't know how to use it. Your team will need to be knowledgeable enough to educate some new users. You may also need to upgrade your terminals if they aren't NFC-enabled.
A charge on your financial statement from apple.com/bill could be for apps, subscriptions, music and movie purchases, or more from Apple.
Apple Pay transactions will be deducted from your balance including pending transactions immediately, but you will not see them on your Mobile app or Online Banking until the bank has received them and posted them to your account.
General sending and receiving limits
Per message, you can send or receive a maximum of $10,000. Within a 7-day period, you can send or receive a maximum of $10,000.
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.
To help protect your identity, you may be asked to provide additional information for verification, such as uploading the front and back of your government-issued identification, providing your full SSN, or entering a verification code sent to a phone number that Apple's identity verification service provider has ...