We have a Quick Guide that will take you through the basics and what you need to know to start making payments from your Apple Wallet and digital devices if you'd like to learn more about Apple Cash and how to set it up. Apple Cash was designed to make sending and receiving money from your iPhone or Apple devices easy.

You can use Apple Cash as a digital card in your Apple Wallet on your iPhone. Using Apple Pay, you can purchase goods both in high street stores and online. Apple Cash is a payment service provided by Apple that lets you send and receive money. Using Apple Pay from your iPhone to buy goods online and in stores is easy with this quick guide. 

The Apple Cash app works a lot like a debit card. It allows you to make secure contactless purchases and send and receive money via text message. Apple introduced Instant Transfer, allowing users to transfer money from Apple Cash balances to bank accounts using Mastercard debit cards and Instant Transfer last year.

As part of this change, Apple has also changed the fee associated with Instant Transfer to 1.5% from 1%. Apple cards can be accessed via the iOS Wallet available on iPhones, iPads, and Apple Watches. Using Siri, you can send money instantly to anyone you contact.

Your biometric Face ID or Touch ID authorization system secures every transaction. Adding Apple Cash to your iPhone is as simple as going to Settings > Wallet & Apple Pay and tapping on it. Apple payment service is only available to U.S. residents over the age of 18 and must be used before you try it out.

Additionally, you must have an Apple device running iOS 11.2 or later, or watchOS 4.2 or later, and your Apple ID must be set up with two-factor authentication. The Apple Wallet application also requires an eligible debit card to send money.

Apple allows you to make purchases with Apple Pay and transfer funds using Messages, making it easy to send money to family and friends. Additionally, Apple Cash can be transferred directly to your bank account, and Instant Transfer can be used to make payments and receive daily cash from Apple Card purchases.

Apple devices can be used to send, receive, and request money with no fees, whereas other cards such as Mastercard do charge fees for money transfers. The full Terms and Conditions of Apple Cash can be found on the official Apple website.

Whenever someone sends you money on your iOS device, the money is instantly transferred to the Apple Cash card located in the Wallet app. Using the Family Sharing settings, you can also set up Apple payment for family members under 18.

The money service will still be available on other Apple devices as long as you are signed in with the same Apple ID on devices where the payment feature is disabled.

source:geeky-gadgets