E Communicating With Bank
If you provide Bank with your phone number, you consent to receive automatically dialed and prerecorded calls and text messages at that number from Bank;or others acting on Bankâs behalf, but only related to your Apple Cash Account;and never for promotional purposes. When you communicate with Bank by telephone or electronically regarding your Apple Cash Account, you agree that Bank may record these phone calls and save these electronic communications without further notice to you or any party to these communications.
Sit Back And Await Your Transfer
;Therein lies the beauty in Cash Apps simplicity; thats pretty much all there is to transferring cash from Cash App into your bank. All it requires is your linked bank account, some funds to transfer, and a few seconds of your time.
For any other Cash App related questions, feel free to reach out to us in the comments below wed love to help!
How To Add Money To Apple Pay Cash
If you live in a supported country, this is how you add money to your Apple Pay Cash account.
Money can only be added to Apple Pay Cash for users in supported countries. While this feature will presumably roll out to more supported countries in the future, adding cash to Apple Pay can only be done in the United States.
Make sure Apple Pay Cash is set up. Tap Settings>Wallet & Apple Pay, and tap the Apple Cash toggle to enable it. Follow the instructions to verify your identity.
An Apple Pay Cash card should be added to the Wallet app. Open the Wallet app and tap the Apple Pay Cash card.
Tap the three horizontal dots in the upper right corner to access the Cash card settings.
Tap Add Money and enter the amount to add to your card from the bank account associated with your Cash card. Choose an amount from the QuickBar at the top of the dial pad, or type in a custom amount. Tap the Add button.
The bank account associated with the card can be seen on the same settings page and switched at any time.
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Which Devices Support Apple Cash
Apple Cash is available on iPhone, iPad, and Apple Watch running iOS 11.2 or later or watchOS 4.2 or later. The following devices are compatible with Apple Cash, but remember, you have to live in the US:
- iPhone models with Face ID
- iPhone models with Touch ID
- iPad Air, iPad, and iPad mini models with Touch ID or Face ID
- Apple Watch Series 1 and 2 and later
- Apple Watch
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:
To respond to an Apple Cash request in Messages on your Apple Watch, follow the steps below:
To decline a request for money, just ignore the message.
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Receive Apple Cash And Transfer To Bank
Next, comes the fun part: when someone sends you money. When you receive Apple Cash from someone, it’s automatically received and kept in Apple Cash by default. If you have your Apple Cash card setup you can use your balance to make purchases in apps, online and in stores. Otherwise, you can transfer Apple Cash into your bank account.
You can transfer any Apple Cash you have to your bank.
1. Open the Wallet app and tap on Apple Cash.
2. On the next screen, tap the black circle at the top of the screen.
3. Then locate and tap the Transfer to Bank button.
4. Enter the amount you want to send and hit Next.
5. Then choose 1-3 Business Days. If you don’t have a bank account set up, follow the instructions on your screen to add one.
6. Next, you need to confirm with Face ID, Touch ID, or your passcode. Then, comes the worst part: waiting for the money to transfer.
If you have a Visa debit card tied to Apple Pay you can use instant transfer to get the money into your bank account fast. After you tap Transfer to Bank, hit Instant Transfer. Next, select the Visa debit card you want to transfer money to and the billing information. Your funds should transfer within 30 minutes. You might be charged a 1% fee to use instant transfer.
E Individual Claims Only
Claims may be submitted to arbitration on an individual basis only. Claims subject to this arbitration provision may not be joined or consolidated in arbitration with any Claim of any other person or be arbitrated on a class basis, in a representative capacity on behalf of the general public, or on behalf of any other person, unless otherwise agreed to by the parties in writing. However, related Apple Cash Accounts are considered as one person, and Bank, its employees, officers, directors, agents, and affiliates are considered as one person.
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F Registering Your Apple Cash Account With Bank
As provided in Section 2 below entitled Required Personal Information, in order to use certain functions or features of the Services , we may require you to provide us with certain identifying information about you so that we can verify your identity. If we are able to verify your identity, your Apple Cash Account, including your Payment Account, will be registered to you. In addition to providing identifying information when requested by us, you may initiate this identify verification process and register your Apple Cash Account at any time directly from your Eligible Device. Please see Section 2 below entitled Required Personal Information for more information.
We encourage you to register your Apple Cash Account as soon as possible. Your Payment Account may not be subject to certain protections unless you register your Apple Cash Account. For example, unless you register your Apple Cash Account, we may not research or resolve errors regarding your Payment Account, and the money in your Payment Account will not be eligible for FDIC insurance. Please see Section 11 entitled FDIC Insurance below for more information.
E Using A Family Account; Limits
If you establish a Family Account for a Family User, the Family User will be able to use the Services with all of their Eligible Devices that are associated with their Apple ID and enabled to access the Services, subject to the applicable limitations and requirements set forth in these Terms. However: Family Accounts may not make Direct Payments ; and if a Family User is under the age of 13, they will not be able load funds onto their Apple Cash Card or fund P2P Transfers with a Supported Payment Card or request an Instant Transfer. Please see Section 6 below entitled Other Apple Cash Features for more information on Direct Payments.
You can impose additional restrictions on the use of a Family Account, such as limiting who a Family User may send P2P Transfers to. However, you cannot limit who may send P2P Transfers to a Family User. You can elect to be notified about Family Account transactions, such as P2P Transfers. However, you cannot use the Services to directly transfer, access, or otherwise manage funds in an Apple Cash Card associated with a Family Account, unless you close the Family Account. For more information on closing a Family Account, see Section 5 below entitled Closing a Family Account.
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E Use Of The Services Across Eligible Devices
Your Apple Cash Account will be associated with your Apple ID. Therefore, you may access your Apple Cash Account and use the Services with all of your Eligible Devices that are associated with your Apple ID. You acknowledge that these Terms will govern the use of the Services across all of your Eligible Devices and that you will only be presented with these Terms at the time you initially create your Apple Cash Account.
How To Send Payments Using Apple Pay Cash
Sending money to your friends and family in Messages is oddly akin to sending a sticker.
Tap the Apple Pay button at the bottom of the screen.
Enter your specific amount.
Authorize the payment from an Apple Pay-linked debit card. On iPhone 8 and older, you authorize with Touch ID, while on iPhone X, you double-click the side button to activate Face ID for authorization.
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I Disputes And Error Resolution For Apple Cash Family
You are the only individual that can dispute transactions or allege that an error has occurred in connection with a Family Account you establish. Neither a Family User nor any other individuals will be able to do so. Please see Section 9 below entitled In Case of Errors or Questions About Your Registered Payment Account to learn more about the process for notifying us if you think an error has occurred in connection with a Family Account.
If you dispute a transaction or allege that an error has occurred in connection with a Family Account, we may ask the relevant Family User for additional information regarding the alleged error. If an alleged error or our investigation for a Family Account entitles you to a credit, the credit will be applied to the Family Account, and not your Primary Apple Cash Account.
If a Family Account you established subsequently becomes a Graduated Account, you will only be able to dispute transactions or allege that an error has occurred for transactions that occurred prior to Graduation. If an alleged error or our investigation of a pre-Graduation transaction entitles you to a credit, the credit will be applied to your Primary Apple Cash Account, and not the Graduated Account. For transactions occurring after Graduation, only the User with the Graduated Account will be able to dispute those transactions or allege that an error has occurred, and any credits that may result will be applied to the Graduated Account.
How To Accept A Payment
The first time that you use Apple;Cash, you have seven days to accept the;money that you’ve been sent. After you accept the;terms and conditions, payments are automatically accepted and added to your Apple;Cash card.;You might be asked to;verify your identity.
When someone sends you money,;it’s;securely received and;kept in Apple;Cash. You can use the money right away1;to send to someone, spend with Apple Pay, or you can;transfer the money to your bank account or eligible debit card.
If you send money to someone and they don’t accept it, you can;cancel the payment.
If you choose;Manually Accept Payments, you’ll see Accept in the message when someone sends you money. You have seven days to accept the money.
To reject a payment, open the Wallet app on your iPhone, tap your Apple Cash card and;find the payment;under Latest Transactions. Tap the payment,;tap;the payment again, then tap Reject Payment.
When you change the setting on one of your devices, it updates the setting on all of your devices.
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G Protect Your Apple Cash Account Information Credentials And Eligible Devices Like You Would Protect Cash
You are solely responsible for maintaining the security of your Eligible Devices and the authentication credentials used in connection with the Services, including your Apple ID password, Touch ID or Face ID information, and the passcode to your Eligible Device . If you authorize or allow anyone else to use your Apple Cash Account , the person may be able to make payments with your Apple Cash Card and send your money through the Funds Transfer Service to another User or a bank account, and you will be responsible for all transactions on your Apple Cash Account made by that person.
Final Reminders On The Use Of Apple Cash:
As a final reminder, always double-check the information that you put whenever you transact using Apple Cash. If the information is wrong; specifically your bank account information, your money could be transferred to another account.
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Cancel An Apple Cash Payment
There might be a time when you need to cancel an Apple Cash payment. For example, if you sent someone money who hasn’t accepted, you might want to cancel it and pay them via a different method.
1. Open Messages and go to the payment or find the payment on the Latest Transactions screen underneath Apple Cash card in the Wallet app.
2. Tap the payment to see its details, then check the status field.
3. From there, tap Cancel Payment. The status field should update to read Canceled. If you don’t see the option to cancel, then the person has already accepted the payment. In which case you’ll need to ask the person to send money back to you.
Apple Cash is a really convenient albeit complex system. Once you have the basics set up, you should be good to go.
How To Use Apple Cash To Send And Receive Money
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Apple has announced a couple of new updates to its Apple Cash payment system enabling Instant Transfer using Apple Cash with MasterCard debit cards, allowing users to transfer money from your Apple Cash balance to a bank account using a Mastercard debit card and Instant Transfer. To complement this change Apple has also change the fee associated with Instant Transfer raising it to 1.5% from 1%. If the new features sound like something you would use but as yet you havent set up or know how to use Apple Cash to send and receive money this quick guide will take you through the process.
A few things worth noting before you try to use the Apple payment service is that you need to be at least 18 years old and live in the United States. You also need a compatible Apple device running iOS 11.2 or later or watchOS 4.2 or later and Apple also requires require your Apple ID to have two factor authentication set up. Finally you will also need an eligible debit card in the Apple Wallet application see can send money.
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Start Using Apple Cash
First, you must set up Apple Cash on your iPhone.;Before you begin, make sure your Apple software on your device is up-to-date. From there:
How Much Can I Transfer From Apple Pay To A Bank Account
The maximum amount you can transfer from Apple Pay to your bank account is $10,000, while the minimum amount is $1 per transaction. Moreover, you can transfer up to $20,000 within seven days. Transfer of funds from Apple Pay is only applicable for US citizens. The limits do not include transfer fees.
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What Are The Different Parts Of Apple Pay
There are three different parts of Apple Pay that you should be aware of in discussing how to add money to it.
- Wallet app: appears on iPhones and iPads and is where Apple Pay and Apple Pay Cash reside
- Apple Pay: used to make online and contactless payments as simple as pushing a button to confirm it. Apple Pay uses an existing debit or credit card to pay businesses or for services.
- Apple Cash: allows money to be sent from one person to another, stored in your digital account, and used for purchases anywhere Apple Pay is accepted. This is the part where you can add money to Apple Pay.
How Do Apple Pay And Apple Cash Work
Apple Pay users make payments from their mobile device, funded by a linked credit or debit card. These payments must be approved with a passcode, Touch ID, Face ID or a double-click on Apple Watchs side button.
Apple Cash can be found in Apples digital wallet. You can load cash from a debit or prepaid card, then use the wallet to fund Apple Pay transactions or send and receive money from others.
For users who have the Apple Card, Apple Cash is also funded with Daily Cash. When you pay with your Apple Card through Apple Pay, you automatically get back a percentage of your purchase as Daily Cash. In that way, you can get cash back with Apple Pay.
You can send and receive money directly in the Messages app.
People can also send money and get paid directly in the Messages app or by using virtual assistant Siri, which involves making a voice command like Send 15 dollars to Susan for lunch.
When a user receives money, its kept in the recipients Apple Cash account. The user can store and eventually spend it using Apple Pay or transfer it to a Visa debit card or a bank account, which can take up to three days.
For balances over $1, Apple Cash has a $1 minimum transfer requirement when transferring money to a bank account. But if your balance is under $1, you can transfer the full balance.
The minimum deposit is $10 when you transfer from your debit or prepaid card into the wallet.
Heres a chart with a summary of Apple Pay and Apple Cash features.
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