Hey there! Have you ever found yourself wanting to move money from your Apple Pay account over to Cash App? Or vice versa?
You‘re not alone – many people use both of these popular mobile payment apps and need to transfer funds between them. Unfortunately, Apple Pay and Cash App don‘t allow direct transfers.
But don‘t worry, I‘ve got you covered!
In this step-by-step guide, I‘ll show you how to seamlessly send money from Apple Pay to Cash App in just 9 easy steps. All it takes is linking both accounts to the same bank account as a bridge.
By the end, you‘ll be a pro at transferring money between the two platforms. Let‘s get started!
Why Apple Pay and Cash App Don‘t Allow Direct Transfers
First, let‘s talk about why you can‘t simply transfer money straight from Apple Pay to Cash App with the tap of a button.
The main reason is that Apple Pay and Cash App don‘t actually integrate with each other. Apple Pay runs on Apple devices and connects to credit/debit cards added to your Apple ID.
Cash App is made by Square and links to your debit cards, bank accounts, and Cash Balance.
So because they are completely separate systems, there are no pathways set up to transfer money directly from one platform to the other.
According to 2022 data from eMarketer, Apple Pay has a user base of 113.1 million in the US, while Cash App has 49.3 million users. That‘s a ton of overlap!
So it‘s no wonder people want to seamlessly send money between the two apps. The good news is it‘s possible by following a simple workaround, which I‘ll explain step-by-step.
Overview of the 9 Steps To Transfer From Apple Pay to Cash App
Here‘s a quick overview of what we‘ll cover:
- Open your Apple Pay Wallet
- Access account options
- Initiate a bank transfer
- Enter the transfer amount
- Select a transfer speed
- Confirm the Apple Pay transfer
- Open your Cash App account
- Add cash from your bank
- Confirm the Cash App transfer
Now let‘s dive into each step in more detail!
Step 1: Access Your Apple Pay Wallet
First, you need to open up the Apple Pay Wallet on your iPhone or iPad.
On an iPhone, the Wallet app is pre-installed on your home screen. Simply tap to open it.
If you‘re using an iPad, go to the Settings app and tap on "Wallet & Apple Pay" to access your Wallet.
Once you have the Wallet app open, select your Apple Cash card. This is the card you use for Apple Pay activity, including sending and receiving payments.
Step 2: Open Account Options
If you‘re on an iPhone, tap on the three horizontal lines icon in the top-right corner of your Apple Cash card screen.
This opens up a menu where you can initiate a bank transfer.
If you‘re on an iPad, you can skip this step, as the options menu doesn‘t exist.
Step 3: Initiate a Bank Transfer
From the options menu, select "Transfer to Bank." This allows you to move money from your Apple Pay Wallet to your bank account.
You will need to have a bank account already linked to your Apple Pay Wallet to complete transfers.
If you don‘t have one set up yet, Apple gives you the option to add a bank account at this stage.
Step 4: Enter the Transfer Amount
On the next screen, you‘ll enter the amount of money you want to transfer from Apple Pay to your connected bank account.
Tap on the numerical keypad to input the transfer amount, such as $75.44.
When ready, hit "Next" to move to the next step.
Pro Tip: Double check that you have sufficient funds in your Apple Pay Wallet to cover the transfer amount!
Step 5: Select a Transfer Speed
You‘ll now need to choose how fast you want the money sent to your bank:
- Instant Transfer: Transfers immediately but has a fee (usually 1% of the transaction amount)
- Standard Transfer: Takes 1-3 business days but is free
Select which option works best for you, then press "Transfer" to continue.
I recommend standard transfer if you aren‘t in a rush since it‘s fee-free. But instant is useful when you need the money ASAP.
Step 6: Confirm the Apple Pay Transfer
To finalize the transfer, you‘ll need to verify your identity. Confirm with Face ID, Touch ID, or your passcode.
This lets Apple Pay know it‘s really you initiating the transfer to your bank.
You‘ll receive a confirmation once it goes through. Just a heads up – it can take 1-3 business days for the money to actually show up in your bank account.
Step 7: Open Your Cash App
Once the money arrives in your connected bank account, it‘s time to shift it over to Cash App!
Open up the Cash App on your iPhone or iPad. Tap on the Banking tab in the bottom menu.
This is where you can link bank accounts and transfer funds into your Cash App balance.
Step 8: Add Cash from Your Bank
From the Banking tab, tap "Add Cash." This will prompt you to enter an amount to transfer from your bank to your Cash App balance.
Type in the same amount you initially transferred from your Apple Pay Wallet, such as $75.44. Then press "Add."
And just like that, your money is on its way from your bank over to Cash App!
Step 9: Confirm the Cash App Transfer
Finally, you need to verify your identity in Cash App to complete the bank transfer.
Confirm with your PIN or Touch ID when prompted. This lets Cash App pull the funds from your connected bank account.
The money should instantly show up in your Cash App balance, ready to use!
And that‘s it – you‘ve successfully transferred money from Apple Pay to Cash App in 9 simple steps!
To quickly recap, remember:
You can‘t do direct transfers between Apple Pay and Cash App since they aren‘t integrated.
Link both accounts to the same bank account to transfer money between them.
First, initiate a bank transfer from Apple Pay and wait for the funds.
Then, add the same amount into Cash App from your bank account.
The transfer takes 9 quick steps and just a few business days.
Now you‘re a pro at moving money between Apple Pay and Cash App!
5 Benefits of Using Apple Pay and Cash App Together
Beyond transferring money, using Apple Pay and Cash App together has some great benefits:
1. Accessibility – Being able to access money on both platforms gives you flexibility. If one account is running low, you have backup funds!
2. Transaction Tracking – Both apps provide transaction histories so you can clearly see where your money goes.
3. Security – They utilize encryption and tokenization to keep your data and money safe.
4. Rewards – You can earn unlimited 3% cash back on Apple Pay purchases with the Apple Card. The Cash Card offers boosts and discounts.
5. Convenience – Thanks to mobile wallets, you can leave your physical cards at home and pay quickly with your iPhone or Apple Watch.
As you can see, using Apple Pay and Cash App together gives you the perfect pairing of security, convenience, and rewards.
Drawbacks To Be Aware Of
However, there are a few drawbacks to note:
No direct transfers – Having to transfer through a bank isn‘t as seamless.
Bank transfer times – Deposits can take 1-3 business days to process between accounts.
Potential bank fees – Your bank may charge inbound/outbound ACH transfer fees.
Credit card fees – Cash App charges 3% for credit card transfers.
So it‘s not a perfect system. But being able to move money between Apple Pay and Cash App is super helpful despite the small hassles.
I hope this step-by-step guide gives you clarity on how to transfer funds between Apple Pay and Cash App.
It may take a few more days than a direct transfer. But linking your accounts to the same bank account lets you seamlessly move money in just 9 quick steps.
Now you can access funds on both platforms, unlocking the benefits of mobile payments, security, rewards, and convenience.
Let me know if you have any other questions! I‘m always happy to help explain anything related to fintech and mobile wallets.