What is Apple Cash, how does it work, how do you set it up?

Apple Cash is a feature of Apple Pay, however, it is housed inside Apple’s Messages app, and it allows users to send, receive, and request money from other people.

Wallet, Apple’s program for storing credit and debit cards, loyalty cards, boarding passes, and tickets, among other things, holds all of the money you get via Apple Cash. This virtual card is used to load all of the money you receive through Apple Cash.

This document contains all of the information you need to know about Apple Cash – formerly known as Apple Pay Cash – including how it works, where it can be found, and how to set it up.

What is the procedure for using Apple Cash?

Apple Cash enables you to give, receive, and request money directly from the Messages app, without having to leave the app. As an additional option, you may instruct Siri to pay someone in your contacts list. The Apple Cash card will be used by default when sending money, but you may alter this to use your debit card instead, or a combination of both, if the amount being sent exceeds the balance on your Apple Cash card. If the amount being sent exceeds the balance on your Apple Cash card It is possible to cancel a payment if you transfer money to someone who does not acknowledge receipt of the payment.

Apple Cash money is immediately put onto your Apple Cash card in Wallet when you get it. You may then transfer it to your bank account, use it like you would any other card when making Apple Pay transactions, or use it to pay someone else using Apple Cash.

When you use Apple Cash for the first time, you will have seven days to decide whether or not to accept the money that has been given to you. Once you have agreed to the terms and conditions, payments are taken automatically – but you may alter this to be done manually if you want.

The next sections explain how to transfer money via Apple Cash, how to request money through Apple Cash, how to reply to an Apple Cash request, and how to cancel a payment made through Apple Cash.

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How to send money through Apple Cash

For the reasons stated above, when you transfer money using Apple Cash, the Apple Cash card is used to pay first by default; however, you have the option to alter this to your debit card if you prefer. The remainder of the payment will be funded by one of the debit cards stored in Wallet if you do not have enough money on your Apple Cash card.

To send money through Apple Cash on your iPhone or iPad, follow these steps

1. Launch the Messages application.
2. Start a new chat with the person to whom you wish to give money, or join an existing one with them.
3. Select Apple Pay from the app menu below the input box by tapping on the logo – you may need to swipe across the screen.
4. Fill in the amount you want to pay for the service.
5. Pay by pressing the Pay button.
6. If you want to review or cancel the payment, press the send button.
7. Payment confirmation may be done using either Face ID, Touch ID, or your password.

You may use your debit card instead of your Apple Cash Card by following steps 1-6 and tapping on the blue arrow next to the payment option in the Payment Methods section. After that, you’ll need to turn off Apple Cash and choose the debit card that you’d want to use. Step 7 should be completed once you have tapped Back. If you wish to utilize Apple Cash as your default payment method once again, you’ll need to switch it back on.

To send money through Apple Cash on your Apple Watch, follow these steps:

1. Launch the Messages application.
2. Select an existing discussion from the drop-down menu.
3. Scroll down and touch the Apple Pay button, which is a dollar symbol in a blue circle, to complete the transaction.
4. To alter the amount, tap the minus or plus symbol on the keyboard.
5. When you tap on the amount in the message, you will be able to use the Digital Crown to adjust the amount.
6. Pay with a single tap, then review or cancel your payment.
7. Double-click the side button to activate it.

You may also use Siri to find out more. To do this, just say “Hey Siri” on your iPhone or Apple Watch, followed by something like, “Send 25 bucks to Jane for movie tickets.” After that, you’ll have to decide between Wallet and Apple Pay.

How to request money through Apple Cash

You may make a request for money via the Messages app’s Apple Cash feature, and the receiver will be able to hit Pay and then modify or confirm the amount they want to give you.

To request money through Apple Cash on your iPhone or iPad, follow these steps:

1. Launch the Messages app and start a new chat with the individual from whom you want to seek money in order to make the request.
2. Tap the Apple Pay button in the app drawer below the input box, which is located below the input box.
3. The Apple Pay option may not appear until you have selected the App Store button, which may be found just to the left of the input box.
4. Enter a monetary value
5. The request may be made by using the Request button.
6. Please submit your request.

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To request money through Apple Cash on your Apple Watch, follow these steps:

1. Choose a discussion with the person from whom you want to request money in the Messages app. Open the Messages app.
2. Select the Apple Pay button (the blue circle with the dollar symbol) from the drop-down menu.
3. Enter a monetary value
4. Swipe on the Pay button to reveal the Request button, and vice versa.
5. The request may be made by using the Request button.

How to respond to an Apple Cash request

To respond to an Apple Cash request in Messages on your iPhone or iPad, follow the steps below:

1. Open the request in the Messages app on your smartphone.
2. Pay attention to the message.
3. Examine the amount to be sent
4. To proceed, tap Pay, or modify the amount entered.
5. Confirm your identity using Face ID, Touch ID, or your password, and then proceed to make your payment.

Follow the procedures outlined below to reply to an Apple Cash request received via Messages on your Apple Watch:

1. Open the request in the Messages app on your smartphone.
2. Pay attention to the message.
3. Examine the amount to be sent.
4. Pay using your credit card to proceed, or use the Digital Crown to adjust the amount.
5. To confirm and submit your money, double-click the side button on the right.

If you don’t want to accept a money request, just disregard the notification.

How to cancel an Apple Cash payment

If you want to cancel an Apple Cash payment, please follow the procedures outlined below:

1. Launch the Messages application.
2. Start a discussion with the individual who has received the Apple Cash payment that you wish to cancel and explain your situation.
3. To make a payment, press the button.
4. The Wallet app will display your Apple Cashcard as a virtual card.
5. Select the payment from the list of recent transactions, then select it again.
6. Select Cancel Payment from the drop-down menu.

If you are unable to cancel a payment, it is likely that the individual to whom you made the payment has already received the funds.

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How to automatically or manually accept Apple Cash payments

As previously stated, the first time you use Apple Cash, you will have seven days to accept the money that has been given to you, following which you will be required to agree the terms and conditions, after which payments will be accepted automatically by default. It is possible to alter this setting to manual, which would result in an Accept button appearing on any money that is given to you via Apple Cash.

You will then have seven days to decide whether or not to take the money. Alternatively, you may open the Wallet app on your iPhone and choose “Reject.” Select your Apple Cash card from the drop-down menu. The payment may be seen under Recent Transactions > Payments. Select the payment option > Tap the payment button once more > Select Reject Payment from the drop-down menu.

To select between automatic and manual payment acceptance on your iPhone, follow these steps:

Open the Wallet app on your iPhone and enter your PIN.
Use your Apple Cash card to make a purchase.
Press the three dots on your keyboard.
Select either Automatically Accept Payments or Manually Accept Payments from the drop-down menu.

To select between automatic and manual payment acceptance on your iPad, follow these steps:

1. Open the Settings app on your iPad and choose General.
2. Scroll down and choose Wallet & Apple Pay from the drop-down menu.
3. Use your Apple Cash card to make a purchase.
4. Select either Automatically Accept Payments or Manually Accept Payments from the drop-down menu.

To select between automatic and manual payment acceptance on your Apple Watch, follow these steps:

1. Activate the Apple Watch application on your iPhone.
2. Scroll down and choose Wallet & Apple Pay from the drop-down menu.
3. To use your Apple Cash card, just tap it.
4. Select either Automatically Accept Payments or Manually Accept Payments from the drop-down menu.

In which locations does Apple Cash operate?

Apple Cash is compatible with any device that supports Apple Pay, which is to say, any device that supports contactless payment.

Apple Cash cards may be used to transfer and receive money via Messages, but they can also be used to make Apple Pay transactions in stores, on the web, and inside applications.

You may also transfer Apple Cash money to your own bank account or to a Visa or Mastercard debit card that is suitable for the service. More information on how to do this may be found on Apple’s Support website.

What do you need in order to get Apple Cash?

In order to send and receive money through Apple Cash in the Messages app between individuals, you’ll need to have all of the following requirements:

You must be at least 18 years old.
Currently residing in the United States
Have a compatible device running iOS 11.2 or later, or watchOS 4.2 or later, to play the game.
Make sure that your Apple ID has two-factor authentication enabled.
Create an account in iCloud using your Apple ID on any device that you intend on using to transfer or receive money from others.
Add a debit card that is eligible to the Wallet app so that you may transfer money.

Which devices are compatible with Apple Cash?

Apple Cash is accessible on iPhone, iPad, and Apple Watch devices running iOS 11.2 or later, as well as watchOS 4.2 or later, according to the developer. Apple Cash is compatible with the following devices, however, you must be a resident of the United States to use them:

iPhone models with Face ID are available.
Touch ID is available on certain iPhone models (excluding the iPhone 5S)
Models of the iPad Air, iPad, and iPad mini that include Touch ID or Face ID.
Apple Watch Series 1 and 2 as well as subsequent models
Apple Watch is a piece of technology that allows you to wear a watch on your wrist (1st generation)
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What you need to know about setting up Apple Cash

Using Apple Cash, you may send money from person to person through text message. To do so, just follow the instructions listed below:

Open the Settings app on your iPhone or iPad if it is supported.
Wallet & Apple Pay may be found further down the page. Toggle Apple Cash under Payment Cards by tapping on the Apple Cash button.
Continue by pressing the Continue button and following the instructions on your screen.

How to set up Apple Cash for a child or teen

A family member under the age of 18 who belongs to your Family Sharing group may also have Apple Cash set up for them so that they can make purchases and give and receive money in messages as you would with any other member of your family. You have the ability to restrict who your kid or adolescent may send money to, get notifications when they make transactions, and even freeze their account if they do anything wrong.

The family organizer will need to set up Apple Cash for the kid or adolescent, and they will need to use the same Apple ID that they used to set up Family Sharing for Apple Cash.

They will also need a compatible iPhone, iPad, or Watch that is running the most recent versions of the iOS, iPad, or watchOS software. Also required are the following steps: signing in to iCloud on each family member’s device using their Apple ID, enabling two-factor authentication for each Apple ID, and ensuring that each device’s region is set to the United States.

If you are able to check all of those boxes, the following are the next steps:

1. Open the Settings app on the iPhone belonging to the family organizer.
2. Then choose [your name], followed by Family Sharing.
3. Select a kid or a teen from the Apple Cash drop-down menu.
4. Select Apple Cash Setup from the drop-down menu.
5. To set up their account, just follow the steps shown on your screen. It is possible that you may be required to prove your identification. If you see Pending, double-check that your kid fulfills all of the criteria.

Are there any limits for Apple Cash?

In a nutshell, sure. Not only is there a limit to your Apple Cash card balance, but there are also limitations to the amount of money you can send and receive in a Message, as well as the amount of money you may transfer to your bank account.

After confirming your identification, you are permitted to have a maximum Apple Cash balance of $20,000 in your account. If you are a member of the Apple Cash Family, this amount is lowered to $4000.

Apple Cash has a $1 transaction threshold, which means you may send or receive $1 at a time. It is possible to earn a maximum of $10,000. In addition, there is a $10,000 limit on winnings in a seven-day period. If you are a member of the Apple Cash Family, the minimum balance remains the same, but the maximum balance is limited to $2000, as does the seven-day maximum balance.

In order to load money onto your Apple Cash card, the minimum deposit amount is $10 and the maximum deposit amount is $10,000. You may also load a maximum of $10,000 during a seven-day period twice more. Apple Cash Family customers will continue to have a $10 minimum, but their maximums will be reduced to $2000.

How to add money to Apple Cash

It is possible to top up your Apple Cash card balance by using a debit card or prepaid card that has been linked to your Apple Pay account before. If you have an Apple Card – which is only available in the United States – you will get a percentage of every transaction you make with the card, which is referred to as Daily Cash. Daily Cash may also be put directly onto your Apple Cash card at any time.

To load money onto your Apple Cash card from your iPhone or iPad, follow these steps:

1. Open the Wallet app (if you have an iPhone) or go to Settings and choose Wallet & Apple Pay (iPad)
2. Select your Apple Cash card from the drop-down menu.
3. Tap the three dots in the center of the circle.
4. To add money, choose Add Money from the drop-down menu.
5. Enter a monetary value (the minimum is $10).
6. Add by pressing the Add button.
7. Confirm the debit or prepaid card in the United States that you want to use to make money transfers.
8. To switch to a different debit or prepaid card, touch the blue arrow next to your current card, then choose a card from your list.
9. Confirm your identity with Face ID, Touch ID, or a passcode.

Are there any fees for Apple Pay Cash?

Green Dot Bank offers services such as sending and receiving money through Apple Pay as well as the Apple Cash card. There are no fees associated with sending, receiving, or requesting money via Apple Cash. Apple Cash will have no effect on your credit, and it will not be affected by any credit freezes that you may have.

When transferring money to a debit card, you will be charged a fee if you choose Instant Transfer as your method of payment. Each Instant Transfer is subject to a 1.5 percent charge (with a minimum cost of $0.25 and a maximum fee of $15), which is taken from the total value of the transfer.

Transferring money from your Apple Cash account to your bank account is completely free of charge.

Where is Apple Pay Cash available?

Apple Pay Cash is currently only accessible in the United States. At this time, there is no news on whether or not the game will be available in the United Kingdom.