How to transfer apple pay money to cash app

• What is Apple Pay?
• What is Cash App?
• Apple Pay vs. Cash App
  • The Similarities
    • The Difference
    • Can Apple Pay Funds Be Transferred to the Cash App?
• How to Transfer Money from Apple Pay to the Cash App
• How to Move Money from the Cash App to Apple Pay

Did you know that the United States sends the most transfers globally, followed by Saudi Arabia and Switzerland, according to data from the World Bank?

In terms of transfers of digital currency, there were transactions worth $64.1 million USD in 2018. By 2023, a predicted yearly rise of 15.9% would bring the amount to $143.1 million.

But how exactly do these transfers operate? There are many trustworthy and secure apps that can let you move digital currency from bank to bank and person to person.

However, for the time being, we’ll be concentrating on Apple Pay and Cash App, two of the most well-known mobile payment apps of the year.

Let’s first examine what banking apps Apple Pay and Cash App have to offer. After that, we’ll discuss how to smoothly transfer funds from Apple Pay to Cash App.

What is Apple Pay?

Apple Pay is a digital wallet that allows users to conduct transactions online. As implied by the name, Apple Inc. developed this platform.

You may use the app to mail money, purchase apps from the App Store, and make digital payments at merchants that accept Apple Pay.

As you might expect, the software only functions on Apple products, including iPads, iPhones, Apple Watches, and Macs.

Even though the app is typically pre-installed on more recent devices, you can still download it for free from the App Store if you’ve somehow lost it.

What is Cash App?

Square Inc. developed the Cash App to compete with other new mobile wallets like Apple Pay, PayPal’s Venmo, and Google Pay.

For this reason, it was initially called Square Cash. The basic operations are analogous to Apple Pay as well.

Among other things, a user of Cash App can mail money, pay bills, and, if available, withdraw cash from an ATM.

Compared to Apple Pay, this feature is a little more widely used because it is accessible through both the Play Store and the App Store.

Additionally, one of the top money transfer apps for people without a social security number is Cash App.

Apple Pay vs. Cash App

Although you may send and receive money online using both of these apps, there are significant similarities and distinctions between Cash App and Apple Pay. We’ll look at those below.

The Similarities

• Both applications are compatible with SaaS platforms, iPhone, iPad.
• Both Cash App and Apple Pay allow screenshots and videos.
• The two applications have a free version.
• Cash App and Apple Pay both have a 5-star score in the “General and Ease” categories.
• Cash App and Apple Pay both offer the following mobile payment features: ACH support, contactless payments, credit/debit card support, and P2P payments.

The Difference

• Cash App is compatible with Android but not with Mac whereas Apple Pay is compatible with Mac and not with Android.
• Cash App targets anyone who wants to send or receive payments through a mobile application while Apple Pay targets anyone who wants to pay with an Apple-only payment service.
• Cash App has an online support service unlike Apple Pay.
• Cash App differentiates itself by providing cryptocurrency exchanges and brokers. However, Apple Pay offers POS (point of sale) systems to make it more business-friendly.
• Cash App offers a mobile payment function in support of cryptocurrencies (it’s compatible with Bitcoin) while Apple Pay does not.
• Apple Pay, unlike Cash App, is available not only in the US and UK, but also in more than 50 countries (however, do keep in mind that you still need an Apple device to access the app).

Can Apple Pay Funds Be Transferred to the Cash App?

Yes, but not immediately, money can be transferred from the Apple Pay app to the Cash App. Apple Pay is only compatible with bank-issued debit and credit cards, and you cannot link a bank account to it to make transfers.

Because of this, you can indirectly transfer money via Apple Pay to your bank account, and from there to your Cash App wallet. Learn how to achieve that by continuing to read.

How to Transfer Money from Apple Pay to the Cash App

Although there is currently no direct transfer option or button to transmit money between these two platforms, you can still do it! Just a few more steps are necessary than simply pressing one button.

Step 1: Transfer funds from Apple Pay to your bank account

The actions that must be taken for this process are listed below (bearing in mind that in some circumstances it may take 1-3 business days to process this transaction):

1. Make sure you have access to your credit card number or the bank account details for the recipient of the money transfer. Simply launch the Wallet app on your iPhone, tap the Apple Cash card, and then tap the Plus button to add other cards. Go to Configuration > Wallet & Apple Pay > Apple Cash Card if you’re using an iPad.
2. Select the “Transfer to Bank” option. 

1. Enter the amount to deposit and click Next. 
2. Click on Instant Transfer or 1-3 business days (depending on how fast you want the money deposited into your account).
3. Confirm the transaction with Face ID, Touch ID, or Passcode.
4. Wait for the funds to transfer. 

Please take note that there will be no fee for the money transfer to your bank account if you choose the 1-3 business day option.

A 1% fee is levied from each transaction’s value if instant transfer is chosen.

Step 2: Add money to the Cash App from your bank account

The money from Apple Pay can be moved to your Cash App wallet after it has reached your bank account.

You can transfer the money to Cash App by following the instructions below because it is now in your bank account:

1. Tap the Banking tab on your Cash App home screen.
2. Press Add Cash.
3. Choose an amount.
4. Tap Add.
5. Use Touch ID or enter your PIN to confirm.

You’ll just have to wait for the transfer to be totally finished after the confirmation appears. It’s that simple (well, kind of).

Even though this is a convoluted method of getting money from Apple Pay to Cash App, if you have the patience to go through these two procedures, it works incredibly effectively.

How to Move Money from the Cash App to Apple Pay

Because Apple Pay is not a bank account, it is presently not possible to transfer money from Cash App to Apple Pay.

With this electronic wallet, you can make purchases using the associated credit or debit cards.

On the other hand, if you already have a Cash Card, the app’s free debit card, you can only add a Cash App account to Apple Pay.

Through the Cash app or in Apple Wallet on your iPhone or iPad, it is a quick and straightforward transaction.

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Source: fifty7tech.com

Kwesi Afful

Jefferson Paa Kwesi Afful, known professionally as Kwesi Afful, is a Ghanaian celebrity / Tech blogger, freelance journalist and an inspirational writer. He holds a degree in B.A Communication Studies from the Ghana Institute of Journalism. Kwesi Afful is the 2019 C-Base Awards Blogger of the year.