Right, but we were talking specifically about credit cards, not debit or other cards.not entirely true. there's no charge if you use your bank account/debit card instead of your credit card.
Right, but we were talking specifically about credit cards, not debit or other cards.not entirely true. there's no charge if you use your bank account/debit card instead of your credit card.
My two minor children (teenagers aged 14 and 17) have Apple Pay already setup on their iPhones, connected to their own standard bank debit cards (through USAA with Visa logo). Will they be able to use the new Apple Pay Cash feature?
Apple Pay Cash became available on my iPhone last night, I proceeded with setup & approval process for the Apple Pay Cash Card (asked for my SS# and Date of Birth). I read through the terms and conditions and understand the requirements, including having a linked debit card, two-factor authentication, an eligible Apple ID and device, and it says "being 18 years old or older".
Will this be the same setup for them? And if so, will such a “credit check” work using their socials and dates of birth if they are less than 18? If not, could I use my social and DOB to get Apple Cash Pay Cards active on their phones, then just transfer money using their debit cards?
Not like we really need it... SEPA transfers work instantaneously and are free.I wonder how long it will take to have it available in EU.
I still can’t set it up. Don’t really want to log out of iCloud and back in, still holding out for a real actual fix.
Thank goodness this came out versus iMessage in the cloud. This is just far more useful as there arent really any mobile payment platforms available for iPhone users right now /s
“Apple Pay Cash allows for quick person-to-person money transfers, much like competing services Square Cash and Venmo.”
Except it’s only for iOS users. Which is really lame! It’s almost 2018, and Apple is rolling out features that are so late to the tech game, and very limited.
I don’t think they use your social to do a credit Check but just to verify your Identity and if I’m not mistaken, they check it against your bank account information.
So if your children’s cards are in their name only and you don’t have your name attached to their accounts it may not work but you may want to check with your bank if joint accounts work in this situation.
Stupid P2P Apple Pay (to me). I personally do not want that cash transfer capability configured on my phone.
Yet, the feature turned-on automatically, requiring a manual operation to opt-out.
Is this by design?
Settings > Wallet & Apple-Pay > Apple Pay Cash = OFF
[default = ON]
Default should be OFF.
Thanks for that. I'll see what happens later today when I try to activate cards on their phones. Incidentally I did receive an Experian Credit alert this morning after activating Apple Pay Cash last night for myself, so I think there is possibly a credit check that occurs during the process. Anyone else see that?
Can’t you use your ATM debit card? That should be free right?If I can send anyone money on PayPal fee free, what is the advantage of Apple Pay Cash? It has a limited audience, right?
It’s not a cash advance.Would it not count as cash advance if you used a credit card to send Apple Pay?
Just don’t set it up. If you never add a debit card you’re good.Stupid P2P Apple Pay (to me). I personally do not want that cash transfer capability configured on my phone.
Yet, the feature turned-on automatically, requiring a manual operation to opt-out.
Is this by design?
Settings > Wallet & Apple-Pay > Apple Pay Cash = OFF
[default = ON]
Default should be OFF.
Sender pays the fee. If I send $10 to someone and choose to fund with CC, you are actually charged $10.30 to your CC...person who gets cash, gets the $10.Has anyone been able to confirm who pays the 3% credit card fee? For example, to receive money through Paypal the fees are paid by the receiving party. With Apple Pay cash, if I send someone $20, do I get charged the 3% fee and the receiving party gets the entire $20?
It’s not a cash advance.
No credit check at all with this. SS is used for no other reason than to verify identity.Thanks for that. I'll see what happens later today when I try to activate cards on their phones. Incidentally I did receive an Experian Credit alert this morning after activating Apple Pay Cash last night for myself, so I think there is possibly a credit check that occurs during the process. Anyone else see that?
If I can send anyone money on PayPal fee free, what is the advantage of Apple Pay Cash? It has a limited audience, right?
It’s a charge, not cash advance. No different than buying a pair of shorts from the store. Will be handled that exact same way.I think it will be. Someone else also quoted that message and said the same thing. It’s like taking cash from an ATM using your credit card. The interest will apply as soon as you send the money.
Well it's lame in my opinion as well, how's that? At least with iMessage it will default to SMS if some in your crowd are not - Heaven forbid - iOS users.Lame in your opinion. Useful for me. For example, going out to lunch with coworkers and splitting the bill. 3/4 of the department have iPhones, as well as most of the others who would be joining us. We already use iMessage to communicate and all use Apple Pay.
I am an iOS user, and sick and tired of Apple Pay not accepted virtually everywhere I go (except Subway), but Samsung Pay works in MOST places. It's ridiculous, and driven by nothing but greed. Not technology - GREED.
First of all, Apple will not give anyone access to NFC. Showstopper right there.So what's stopping you from inventing your own system that you could distribute for free for all these places to use?
Nope-I was going to send myself $1K as a neuroscience/behavioral economics experiment to see how it affected my mood, but you can’t. You can load it with your debit card fee freeCan I send money to myself if I choose to do it that way. To put something on it.