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Apple Pay

in Money Transfer Services from Apple

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Apple Pay

Unaffiliated

in Money Transfer Services from Apple

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Highlights
Minimum Transfer N/A
Transfer Speed (days) N/A
Processing Fee Range ($) $0 - $10
Processing Commission 0%

Apple Pay Review

Apple Pay is a money transfer service company based in Cupertino, CA. It was founded in 1976 and offers money transfers to 59 countries.

Apple Pay FAQ

What money transfer methods does Apple Pay support?

Apple Pay allows you to send money to the following destinations:

How much money can you send with Apple Pay?

Apple Pay does not have a minimum transfer amount.

There is no set maximum transfer amount. But you will need to check with Apple Pay and provide additional information if you are making large transactions.

What fees and commissions does Apple Pay charge?

  • Apple Pay does not charge a flat processing fee.
  • There isn't a processing commission fee.
  • Apple Pay does not charge a currency exchange fee. Instead, Apple Pay makes a profit from the spread between the buy and sell price of the currency you purchase. Compare the exchange rates offered by money transfer services as well as fees when calculating the total cost of the transaction.
Apple Pay Fees
Description
Processing Commission Range 0% - 1%
Processing Fee Range ($) $0 - $10
Processing Commission 0%
SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Message From Our Editor

What we love about Apple Pay

Apple Pay allows you to load your credit cards on your iPhone and pay for goods and services without having to dig through your wallet to find the right card. You can use Apple Pay whenever you make a purchase on your phone and in many physical stores.

The service also has some powerful security features. For example, each card you add gets a unique account number associated with your phone. Apple doesn’t have access to your actual account number, and your account number isn’t used when making transactions, meaning your credit card information is safe if a store you shop at experiences a data breach.

What could Apple Pay do better?

An obvious drawback of Apple Pay is that it is only available on Apple devices. If you have an Android phone, you won’t be able to use Apply Pay.

The service also only works in-stores if those stores are equipped with the right equipment to accept Apple Pay transactions. While this equipment is becoming much more common, you won’t be able to use Apple Pay everywhere that you shop.

Apple Pay’s backstory

Apple was founded in 1976 by Steve Jobs, Steve Wozniak, and Ronald Wayne. The company started as a computer company but has greatly expanded, offering well-known, popular products like the iPod, the iPhone, and the Apple Watch.

Today, Apple is one of the world's largest companies, and its customers are among the most loyal of any brand.

The Verdict

If you own an iPhone, Apple Pay is a useful feature, and you should definitely take the time to set it up. At a minimum, it could come in handy if you go to a store and forget your wallet. Its security features are a great bonus that gives people even more reason to use it.

Contact

  • Headquarters
  •   1 Apple Park Way
    Cupertino, CA 95014
  •   Visit Site

Hours of Operation

  • Sunday Closed
  • Monday 9:00am - 6:00pm
  • Tuesday 9:00am - 6:00pm
  • Wednesday 9:00am - 6:00pm
  • Thursday 9:00am - 6:00pm
  • Friday 9:00am - 6:00pm
  • Saturday Closed

About Apple Pay

Feature Breakdown

Processing Commission 0%
Processing Fee Range ($) $0 - $10
Verification Documents Required Government Issued Photo ID
Mobile Transfer
Payment Options Apple Pay
Transfer Methods Mobile Money

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