Apple Cash Basics And Transaction Details
Apple, when it officially launched Apple Pay Cash, took the world by storm. It introduced a long-awaited peer-to-peer payment feature in iOS 11.2. This allows users to send and receive money from family and friends through the messaging app.
But why would you want to send money through Apple Pay? Well, that’s easy. Apple Pay is a convenient way to send money via message to your friends and family. Whatever the case is, it’s a pretty easy process and it’s handled here in the Apple Wallet
1. Set-up Authentication.
To set up your Apple Pay, you need to enable the two-factor authentication in the app.
- This can be done by navigating to Settings.
- Clicking on iCloud password and security
- Then go to the option that says two-factor authentication.
- Next, head into your Apple Cash Wallet app.
- You will see a new Apple Cash card at the top of the screen.
- Tap on the option and click on Continue to generate your Apple Cash card.
2. Pairing Your Bank Card To The Apple Cash App
Once the digital cash card is created, the app will ask you to pair a credit or a debit card with the new service, since transfers from credit cards have a fee of a certain percentage. If you already have cards connected to your account, they will show up as options in this process.
You can choose the ones you want to add, and you can even add a card manually as well. After clicking Continue, the IOS will ask you to verify your cards in this process. Once they are added, your Apple Cash app card will show you the cards and will show a balance of zero. So, in the next step, we will explain how to add money to your Apple cash card.
3. Adding Cash To The Apple Cash Card
Let’s add some cash to the card. If you tap on your card, you will get some general information like the last transaction.
- So, you will have to go into settings. Then to Wallet.
- Then enter the Apple Pay option.
- From here, you can also enable and disable your Apple Pay Cash app.
- Tap into the cash card. Here you can see your latest transactions
- In this same place, you can also request a statement.
- Tapping on the info, we see an option to add money.
- Let’s do that now. Just add the amount and hit add.
- It will ask you to authenticate.
In this case, you can use anything like using Face ID or PIN code. Once the process is ended, your balance will appear next to the Apple Cash card.
4. Sending Apple Cash To People
Now, if you want to send some cash to a friend or a family member there is one thing you need to keep in mind. Both of the devices need to have iOS 11.2 installed on them for the payment process to work.
- Open the Messages app, click a conversation with the friend
- then tap on the app icon and Apple Pay should show up in the app drawer.
- Then choose the Number of the cash You want to Send and tap send.
- You will get a preview of the payment.
- Once ready, tap Send and authenticate Face ID on the iPhone 10 makes the process easy to do.
Through this, your friend will receive an Apple Pay Cash pop-up in Messages, which they can then tap on to view the transaction. They can even request cash again. Heading back into your wallet, your friend will instantly see the $5 added to the Apple Cash card balance.
5. Receiving Money From Apple Cash
Now when your friend sends you money, you’ll see a little Apple Pay Dictation inside Messages.
- Once the payment has proceeded and goes through, you can view the transactions that you have made.
- After the transaction, you have now access to cash for Apple Pay purchases and if you want to transfer that cash to your bank account, click on the bank transfer option available and add your bank Account.
- For authentication, the app will ask for your routing number and bank account number.
- You can find those numbers on your checks, or you can call your bank to find out about this information. Once your bank account is added, choose the amount that you want to transfer.
- Transfers could take one to three business days, so keep that in mind.
6. Apple Cash As Default Cash App
- You can set the Apple Cash card as your default card by going to the Apple Pay settings,
- tapping on your current default card and set Apple as your optimum default card.
7. Removing Cards From Apple Cash App
If you ever want to remove all cards saved in the Apple cash card. If you ever want to do it.
- Close your Apple Pay Cash app.
- Enter your Apple ID settings and tap on your device at the bottom.
- At the bottom of the device, there’s an option to remove all of your cards.
8. Transactions Of 500$ And Above In The Apple Cash App
The process of sending or receiving money over $500, the app of Apple Pay may require you to verify your identity.
- In this, open your Apple Pay Cash card, tap on the eye icon
- Select the amount of above 500 and click on verify identity on the app.
- In this, you will be asked to give your Social Security number or your address along with other informations such as date of birth, and a valid driver’s license. anything to authenticate yourself.
- So, be sure to have those ready.
How Do You Send Money Through Apple Pay?
We are going to show you two different ways that you can send money through Apple Pay.
1. Method 1
The first thing you want to do is open your Apple Wallet. Now if you’re wondering how to send money through Apple Pay. The first way that you can do this is to click on your Apple Cash card. Go ahead and click on your Apple card inside the app. So once you click there, you’re going to show your recent transactions through Apple Cash.
- Now to send money through Apple Pay, all you’re going to do is click on the Send button located on the screen.
- Next, you want to go ahead and choose the person that you are going to send money to through Apple Pay.
- So, you are going to type the name of a contact. Also want to let you know that other people have to have their Apple Pay set up to receive.
- So, go ahead and pull up a contact now. So, after typing in that person’s name, their contact pops up and you need to just click on it. Now their name is written right here.
- Once you’ve chosen the contact that you would like to send money to through Apple Pay.
- Click on the blue Next button here on the top right.
- Next, you get to choose how much you would like to send to this person through Apple Pay, and it must be less than the amount that you have available. So, if you have $23, you would want to send this person $22 or even just one dollar.
- Once you’ve chosen how much you’d like to send, go ahead and click on the Send with Messages button.
- Next, Apple Pay will open your iMessage app.
- It will display the transaction in the form of an already written message. If all that looks good to you, go ahead and just click on the Send button as if you were sending an iMessage.
So that’s the first way that you can send money through Apple Pay.
2. Method 2
Now the next way that you can send money through Apple Pay is directly through the iMessage feature. So, you go to your Messages icon.
- once you’ve opened your messages, go ahead and just scroll through until you find the person to whom you would like to send money through Apple Pay.
- Once you’ve chosen the person you would like to send money to through Apple Pay, it’s just going to show your conversation.
- to send money through Apple Pay, go ahead and look down at the options available In the chat. You’re going to see a lot of different icons.
- You just kind of scroll back and forth until you see this one right here called Apple Cash. Click it.
- So it will give you the option of deciding on how much you want to send to a person.
- So now your text message or your iMessage is populated with the amount that you will be sending to this person.
- If the amount looks good to you and then you verify that he is the correct person, go ahead and click on the white send button.
- Now you have completed your transitions successfully.
Conclusion
We have provided you with all the information regarding Apple Cash from its authentication to its set-up to receiving and sending money. The process of doing this isn’t all that complicated and does not require much work.
The process itself is easy, it just requires you to read the instructions given above. Once you have understood its complications you can do the process easily without ever needing to consult the internet ever again.
FAQS
How Does Receiving Money Work In Apple Cash?
Now when your friend sends you money, you’ll see a little Apple Pay Dictation inside Messages. Once the payment has proceeded and goes through, you can view the transactions that you have made. After the transaction you have now access to cash for Apple Pay purchases and if you want to transfer that cash to your bank account, click on the bank transfer option available and add your bank Account.
For authentication, the app will ask for your routing number and bank account number. You can find those numbers on your checks, or you can call your bank to find out about this information. Once your bank account is added, choose the amount that you want to transfer. Transfers could take one to three business days, so keep that in mind.
How Does Sending Money Work In Apple Cash?
Now, if you want to send some cash to a friend or a family member there is one thing you need to keep in mind. Both of the devices need to have iOS 11.2 installed on them for the payment process to work.
Just head into the Messages app, open a conversation with the friend then tap on the app icon and Apple Pay should show up in the app drawer. Then choose the Number of the cash You want to Send and tap send. You will get a preview of the payment. Once ready, tap Send and authenticate Face ID on the iPhone 10 makes this process easy.
How Can I Send Money From My App Directly?
Now to send money through Apple Pay, all you’re going to do is click on the Send button located on the screen. Next, you want to go ahead and choose the person that you are going to send money to through Apple Pay. So, you are going to type the name of a contact.
Also want to let you know that other people must have their Apple Pay set up to receive. So, go ahead and pull up a contact now. So, after typing in that person’s name, their contact pops up and you need to just click on it. Now their name is written right here. Once you’ve chosen the contact that you would like to send money to through Apple Pay. Click on the blue Next button here on the top right.
Next, you get to choose how much you would like to send to this person through Apple Pay, and it must be less than the amount that you have available. So, if you have $23, you will want to send this person $22 or even just one dollar.
Once you’ve chosen how much you’d like to send, go ahead and click on the Send with Messages button. Next, Apple Pay will open your iMessage app. It will display the transaction in the form of an already written message. If all that looks good to you, go ahead and just click on the Send button as if you were sending an iMessage.
How To Complete My 2-Step Authentication In Apple Cash?
To set up your Apple Pay, you need to enable the two-factor authentication in the app. This can be done by navigating to Settings. Clicking on iCloud password and security Then go to the option that says two-factor authentication. Next, head into your Apple Cash Wallet app. You will see a new Apple Cash card at the top of the screen. Tap on the option and click on Continue to generate your Apple Cash card.