Apple Cash is a feature of the Wallet app on iPhone that allows you to send and receive money with other people using Apple Pay.
You can use Apple Cash to pay for goods and services in stores, online, and within apps that accept Apple Pay, or you can use it to send money to other people directly from the Wallet app.
You can also use Apple Cash to make purchases with the Apple Card, a credit card offered by Apple.
To use Apple Cash, you need an iPhone with iOS 11.2 or later and two-factor authentication enabled on your Apple ID. You will also need to add a debit or credit card to your Apple Pay account and set up Apple Cash.
To do this, go to the Settings app on your iPhone, tap on “Wallet & Apple Pay,” and follow the prompts. You will need to verify your identity and provide information about your bank account.
How to transfer apple cash to the bank
To transfer money from Apple Cash to your bank account, follow these steps:
- Open the Wallet app on your iPhone.
- Tap on the Apple Cash card.
- Tap on the “Transfer to Bank” button.
- Enter the amount you want to transfer and tap “Next.”
- Choose the bank account you want to transfer the money to.
- Review the details of the transfer and tap “Transfer.”
The transfer should be completed within a few days, depending on your bank’s processing time. You can check the status of the transfer by going to the Apple Cash card in the Wallet app.
Note: You may need to set up Apple Cash and add a bank account before you can transfer money to your bank. To do this, go to the Settings app on your iPhone, tap on “Wallet & Apple Pay,” and follow the prompts. You will need to verify your identity and provide information about your bank account.
How do I use Apple cash?
To use Apple Cash, you need to set it up and add a debit or credit card to your Apple Pay account. Here’s how to do it:
- Open the Settings app on your iPhone.
- Tap on “Wallet & Apple Pay.”
- Tap on the “Add Credit or Debit Card” button.
- Follow the prompts to add a card by either using the camera to capture the card information or by manually entering the card details.
- After you add a card, you will be prompted to set up Apple Cash. Follow the prompts to complete the setup.
Once you have set up Apple Cash, you can use it to pay for goods and services in stores, online, and within apps that accept Apple Pay. To do this, use your iPhone to make a payment and choose “Apple Cash” as the payment method.
How to send apple cash
You can also use Apple Cash to send money to other people directly from the Wallet app. To do this, follow these steps:
- Open the Wallet app on your iPhone.
- Tap on the Apple Cash card.
- Tap on the “Send Money” button.
- Enter the recipient’s phone number or email address and the amount you want to send.
- Tap “Send.”
The recipient will receive a notification and can accept the money by adding it to their own Apple Cash account. Once they do this, the money will be transferred to their account and can be used to make purchases or transferred to their bank account.
Can I use Apple cash to pay for gas?
Yes, you can use Apple Cash to pay for gas at participating gas stations that accept Apple Pay. To do this, follow these steps:
- Wake or unlock your iPhone and hold it near the contactless reader at the gas station.
- When prompted, select Apple Cash as the payment method.
- Place your finger on Touch ID or use Face ID to authenticate the payment.
If the gas station does not accept Apple Pay, you can still use your Apple Cash balance to make a purchase by using the Apple Cash card in the Wallet app. To do this, follow these steps:
- Open the Wallet app on your iPhone.
- Tap on the Apple Cash card.
- Tap on the “Payment Code” button to display the payment code.
- Show the payment code to the cashier and tell them that you want to use Apple Cash to make the purchase.
- The cashier will scan the payment code and complete the transaction.
It’s a good idea to check with the gas station before attempting to make a payment to confirm that they accept Apple Pay or the Apple Cash card.
What is the difference between Apple cash and Apple Pay?
Apple Pay is a payment method that you can use to make purchases, while Apple Cash is a way to send and receive money from other people. Both features use the same payment system and security features, but they have different uses and are accessed in different ways.
What is the Apple cash limit?
Initial setup limits: When you first set up Apple Cash, you will be able to add up to $10,000 to your Apple Cash account within a 7-day period. After 7 days, this limit will be removed.
Sending limit: You can send up to $3,000 per message and $10,000 within a 7-day period.
Receiving limit: You can receive up to $10,000 within a 7-day period.
Apple Pay limit: The limit for using Apple Pay to make payments will depend on the merchant’s acceptance policies and your card issuer’s limit.