How to Send Money Through Apple Pay: a Step-by-Step Guide

The convenience of Apple Pay is undeniable, but not everyone knows about all of its features and uses them to their advantage. Apple Pay is not just for contactless payments at your favorite stores, as it can be used for other purposes.

If you have an iPhone and you already use it for your financial operations, you may wonder how to send money with Apple Pay. This is certainly something you can do, and it’s even easier than you may think.

Keep reading to find out how to send money through Apple Pay, what two methods you can choose from, and how to withdraw your money if you need to.

Transferring Money to Another Person via Apple Pay

If you are curious about whether it’s possible to send money to other people via Apple Pay, the answer is yes. However, this is something you can do under an important condition—you can only use this feature to transfer money within the United States. While there are some ways to send money to other people internationally, all of them require third-party solutions.

Another topic to discuss is the difference between Apple Pay and Apple Cash, as there is often confusion among iPhone users. Apple Pay is a mobile payment service for iPhones that allows people to make payments online and offline. For Apple Pay to work, you have to use one of the payment methods added to your Apple Wallet.

Apple Cash is a digital card within the Wallet app that can be used to receive and send payments. You can use the funds on your Apple Cash card to make contactless payments with your phone’s Apple Pay feature.

How Do You Send Money Through Apple Pay?: Steps to Take

So, how to send money via Apple Pay in the easiest way? If you’ve decided to transfer money to another person, there are two ways to go about the situation.

The first method you can use is to send your funds using your Apple Cash card in the Wallet. For this, you need:

• Select your Apple Cash card within the Wallet app;
• After that, you can choose “Send money;”
• In the next step, you can either add a recipient’s contact details or find them in the contacts;
• Specify the sum and confirm.

Another solution is to send money through a message feature. Here’s how to do it:

• The first step is to open Messages;
• Next, you can either tap a chat you have with a recipient or create a new one;
• Find the Apple Cash button at the bottom;
• Specify the sum and confirm the payment.

One nuance about how to send money on Apple Pay is that regardless of the chosen method, money is withdrawn from the Apple Cash balance by default. However, you can always choose a different card within your Apple Wallet. The same goes for receiving money—if someone sends you any amount, it will automatically appear on your Apple Cash card.

You can also read a comprehensive guide on how to pay someone with Apple Pay to find out more peculiarities as well as security and privacy considerations.

What You Should Know to Withdraw Money from Apple Pay

In addition to knowing how to send someone money on Apple Pay, you may be curious about how to withdraw your funds.

The first method you can use is sending money to your selected bank account. Keep in mind that this is not an instant method, as your money will be sent within 1–3 business days. The advantage is that this approach is free. The steps to take include:

• Choose your Apple Cash card within the Wallet app on your phone;
• Once you tap the card, there will be a “More” button, and you need to choose “Transfer to bank;”
• Specify the sum to withdraw and choose a time frame;
• Ensure you have a bank account linked;
• Confirm transferring the chosen amount.

If you have no time to spare and you are willing to pay a fee, you can withdraw money from your Wallet to a debit card. You should do the following:

• Select your Apple Cash card within the Wallet app;
• After tapping the “More” button, you need to select “Transfer to bank;”
• Next, you should enter a sum to withdraw and choose “Instant Transfer;”
• Ensure that you have a debit card added to your Wallet;
• Confirm transferring your money.

In 2024, the current instant transfer fee is 1.5% of the sum you send. If you send a small sum, the minimum fee that will be charged is $0.25. At the same time, when you send larger sums, the maximum fee will be not more than $15 per single transfer.

Final Thought

How do I send money with Apple Pay? The answer is simple. If you live in the US, you don’t need to do anything special. By following just a few simple steps, you can send money to your friends and family without trouble.

Moreover, you can withdraw money from your debit card or bank account using the above methods. One thing you should remember is that instant withdrawal always comes with a fee, so if you want to avoid overpaying, you will need to choose a 1- to 3-day transfer and wait.