Money transfer has turned out to be one of the most requested things online along side free internet connection. And many people have issues sending money to their loved ones or to their friends and business colleagues.
Well, with several money transfer apps on the world right now, the requests are very broad; with the likes of Paypal, Cash App, Venmo, Zelle, and many others.
Well, Apple Pay recently joined the list of the most used Money Transfer apps in the world right now. And it is actually the most popular in the US right now.
And so, with these numerous requests, some people usually ask questions like; how can I withdraw money from my apple pay? How can I send money from my Apple Pay to my Bank Account?
Well, this article will make things easier for you since we have brought for you the easiest ways to withdraw cash that is found in your Apple Pay account. Just keep reading and your questions will be answered.
How to Quickly Send Money from Apple Pay to Bank account
Well, to withdraw money from your Apple pay account, the best way is to use your bank account option, or to use your debit card or bank card option. Any of them will go for you. And right now, we will instead be showing you the bank account option.
And this option will se you sending money from your apple pay account to your bank account and from there now, you can easily withdraw the cash.
But right now, it will differ depending on which device you are using; whether your iphone, iPad, or any iOS device. Well, just follow the steps below.
1. Update or Download the latest version:
First, make sure that your iPhone or iPad has the latest version of iOS or iPadOS and add an eligible debit card4 in the Wallet app.
2. A. Make an Instant Transfer:
To make an instant transfer, first go to your card info:
1. On your iPhone: open the Wallet app, tap your Apple Cash card, tap the More button the more button, then tap Transfer to Bank the transfer to bank button.
2. On your iPad: open the Settings app, tap Wallet & Apple Pay, tap your Apple Cash card, then tap Transfer to Bank the transfer to bank button.
Then enter an amount and tap Next.
Tap Instant Transfer.
Note that if you haven't added an eligible debit card you will have to add it here before the transfer is done.
So, tap Add Card and follow the instructions on your screen to add a Mastercard or Visa debit card.
Tap Transfer. Then tap > to select the debit card that you want to transfer funds to and select the billing information for your chosen debit card.
For this instant transfer, it will take about 30 minutes to be completed but could be less than 30mins. But also note that for instant transfers, you will be charged a fee.
But if you can't pay the fee and send without any fees, then you can go for the normal or standard transfer method that will take about 1-3 business days(Excludes Saturday, Sunday and Public holidays).
2. B. Transfer in 1 to 3 business days to a bank account
First go to your card info:
On iPhone:
- Then open the Wallet app
- tap your Apple Cash card
- tap the More button the more button
- then tap Transfer to Bank the transfer to bank button.
On iPad:
- Open the Settings app
- tap Wallet & Apple Pay
- tap your Apple Cash card
- then tap Transfer to Bank the transfer to bank button.
After that, enter an amount and tap Next.
Tap 1-3 Business Days. If you don't have a bank account, set up and follow the instructions on your screen to add one.
Tap Transfer. Then confirm with Face ID, Touch ID, or passcode.
Your funds should transfer within 1 to 3 business days.
Some Frequently Asked Questions (FAQs) on Apple pay Money withdrawals
Checkout some of the answered questions below that will give you a brighter view on money withdrawal from Apple pay right now.
I'm I eligible to use Apple pay?
Well, to use apple pay, you need to fulfill the following: 1. Be at least 18 years old and live in the United States. 2. Have a compatible device with the latest iOS, iPadOS, or watchOS. 3. Set up two-factor authentication for your Apple ID. 4. Sign in to iCloud with the same Apple ID on any device that you want to use to send or receive money. 5. Add an eligible debit card in the Wallet app, so you can send money.
Can I withdraw Cash from Apple pay without a Card?
Yes! you can withdraw money from apple pay either with your bank account simply, or with a bank card. And for the card, it is your choice since you can just simply add your bank account and while in your bank account, you go withdraw even without your card at your bank's branch or location.
Where does Apple pay work?
Apple pay works anywhere as far as that area or bank in that area accepts contactless Payments. And so, if you want to know if your country or bank can work with apple pay, just make a quick search to know if contactless payments are accepted in your area.
Is there a withdrawal limit in Apple pay?
Well, we can't say there is a withdrawal or payment limit, because some platforms that take apple pay will put limits and others not. But if you think of a limit, put it as the transfer limit to be at $10,000, and for depositing limits at $20,000.
Final thoughts on how to remove money from Apple pay for use.
Well, in this article today, we had an aim to bring to you a very good method on how you can withdraw money from your apple pay account. And we brought to you how you can do that easily.
You can use two different methods to withdraw the funds; which is an instant transfer or is a standard transfer where you can go with a transfer very quick or a transfer that will take about 3 days to be complete.
Well, after doing the reading above, you can choose which one is best for you and go through it again and you will be good to go.
And don't hesitate to share this method to others like your friends or family members so that we can all enjoy this great method and withdraw our funds easily.