How to Transfer Money From Apple Pay to Cash App?

How to Transfer Money From Apple Pay to Cash App?

transfer money from Apple Pay to Cash App

So can you transfer money from Apple Pay to a Cash App? Unfortunately, there is no direct method or button to send funds between these two platforms. But don’t get disappointed; still, money can be transferred from Apple Pay to Cash App but through an alternative method. You will have to take a few more steps and move money by linking a common bank account to both apps. 

There are two main methods for transferring money from Apple Pay to Square Cash. You can either use your bank account or your credit card to send money. The Apple Pay Cash app also supports transfers between Fidelity debit cards and credit cards. You can send money to someone’s Fidelity account from your Apple Pay account, and they can receive it from you. Once you send or receive money using the Apple Pay Cash app, it will deposit it into your bank account in one to three business days. If you choose to use the Instant Transfer option, you will have to pay a fee, which is typically 25 cents. It will arrive within 30 minutes.

Cash App Vs Apple Pay

You can use both Cash App and Apple Pay to make payments. However, if you’re worried about privacy, you should stick to Apple Pay. The two digital wallets are similar and also different in different ways. Let’s have a look-

Apple Pay 

Apple Pay is a digital wallet that allows you to make payments at over 1 million merchants. Instead of inputting your entire credit card number, you can input your phone’s Device Account Number (DAN) or your Apple Watch instead. While it’s true that Apple Pay stores your card number on the device, it never stores it on its servers. The same is true for the merchants’ servers. This means that you won’t have to worry about your information being stolen or compromised.

Apple Pay can be used with most credit cards, including major banks. Once you’ve activated Apple Pay on your iPhone, you’ll be able to use it everywhere you’d use your credit card. You can still use your existing credit card with Apple Pay, and you’ll earn rewards for purchases made. Just select which card you want to use as your default. Google Pay is a similar app that lets you make contactless payments.

Cash App

Cash App is a peer to peer payment app available in the U.S. and U.K. Cash App charges 3% of the transaction for sending money through the linked credit card. Cash App offers two options for payment, including standard deposits and instant transfers. Standard deposits are free and arrive in your bank account within one to three business days. Instant transfers incur a fee of between 0.5% and 1.75%, with a $0.25 minimum. To send money through a linked credit card, Cash App charges 3% of the transaction, but the fee is zero if you pay through your bank account. Lastly, Cash App offers many benefits beyond just facilitating payment.

Users can send money to any account using the Cash App, and many of the major credit card networks are supported. Although it may seem pricey, most transactions are instant, and the fee for sending money through a linked credit card is negligible. Cash App is compatible with most mobile devices.

Can you transfer money from Apple Pay to a Cash App?

If you are using Apple Pay, you probably want to learn how you can transfer money from Apple Pay to Cash App. To move funds between the two, you will have to link a common bank account. There is no direct deposit method for sending money from Apple Pay to Cash App. 

So this is a two-way procedure. You must first link your bank account to Apple pay and transfer funds into it, and then, from the bank account, add money to the Cash App. If this sounds confusing, let’s understand it with a step by step guide.

Step 1: Transfer money from Apple Pay to a bank account

Before you begin, make sure you have access to your card information or the bank account information to where you want to transfer the money. 

  • Open the Wallet application on your iPhone and tap on the Apple Cash Card.
  • Select the Transfer to Bank option
  • Enter the amount and click on Next
  • Tap Instant Transfer or 1-3 business days (depending on your choice)
  • At last, confirm this transfer with PIN, Touch or Face ID.

Steps 2: Transfer money from your bank account to Cash App-

Once you have deposited money into your bank account, you can use the funds to move the money to your Cash App wallet. All you have do is to follow the below-mentioned steps:

  • Open the Cash App and click on the Banking tab
  • Select the Add Cash
  • Choose an amount
  • Tap Add
  • Use touch I.D. or enter your Pin to confirm

How to add a Cash Card to Apple Pay via Apple Wallet?

To transfer money from Apple Pay to Cash App, you first need to link your Cash Card with your Apple Pay account. 

  • You can open the Apple Wallet app on your iPhone and tap the + icon in the upper-right corner. 
  • Once you’ve clicked this, you will need to take a picture of the cash card and enter the numbers.
  • Once you’ve done that, tap the “Export” icon on your Apple Pay Cash Card.

Conclusion

We hope you have understood that there is no direct method to transfer money from Apple Pay to Cash App. Still, you should not lose hope and must take the alternative route to transfer the funds. You can do this by adding or linking Cash-card to Apple-pay; without this card addition, you are not permitted to make transfers. This transfer method takes about half an hour to get completed, and when it is done, you can make purchases with it. Moreover, you can use the money received from Apple Cash on many websites and services that accept Cash App and Visa Card.

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