There are many safe and trustworthy apps that may help you in transferring money from person to person and bank to bank. Some of the popular applications include Cash App and Apple Pay. However, it is not possible to directly send money from Apple Pay to the Cash App. This is because they function autonomously and don’t offer direct transfer of funds. But there are some indirect ways to get the job done. If you are wondering how to transfer money from Apple Pay to Cash App? In this article, we are going to talk about different methods to do the same.
How to Transfer Money from Apple Pay to Cash App?
Method 1: Transfer Money from Apple Pay App to Bank Account
If there are funds in Apple Pay, you have to first transfer that money to your bank account. Follow these steps:
- Open the Apple Pay app on your iPad or iPhone.
- Now click on the Apple Cash card, then tap the ‘More’ option.
- Select the ‘Transfer to Bank’ button.
- Fill the amount you want to move and click on ‘Next’.Confirm with Touch ID, passcode, or Face ID. Choose the option ‘1-3 business days’ to move the money without any fees.
- The transfer will happen in 1-3 business days.
If you want to transfer your money instantly, you can do it by moving it to your debit card linked to a bank account – however, this service is not free.
Method 2: Send Money from Bank Account to the Cash App
As soon as the money is in your bank account, you can transfer it to the Cash App. Follow the steps below:
- Open your phone and click on the Cash App.
- Now tap on the ‘Money’ tab in the home page.
- Then click on the ‘Add Cash’ option and enter the amount you want to transfer.
- Press ‘Add’ and then confirm with PIN or Face ID.
This method might sound a little complicated, but in reality it is quite easy as long as both of the applications (Apple Pay and Cash App) are linked to the same bank account. If you use two different bank accounts for each application, you have to either link a new account to these apps or transfer all your money to one bank account.
Keep in mind that you would have to pay some charges if you want to transfer money from Apple Pay to Cash App immediately. However, you can avoid the fees by choosing a slower transfer speed and waiting 1-3 business days. Learning how to transfer money from Apple Pay to Cash App is very important because they are popular payment platforms.
Comparison Between Apple Pay and Cash App
Both of these digital payment applications have their own share of strengths and weaknesses. Nobody can certainly say which app is better because it really depends on the individual preferences and needs of a person. Here are some points of comparisons between the two apps:
Apple Pay is more secure than Cash App because it comes with the added trust and security benefits of its own, although it is limited to Apple users only.
Cash App has a broader level of acceptance because it is compatible with both Android and iOS. In addition, Cash APP also enables its users to trade in bitcoin and even make payments through bitcoin. It also allows the consumers to use investing tools so they can trade stocks through the application. Both of these apps are easy to navigate and user friendly.
Apple Pay has less features in comparison to Cash Pay. Although, if you just want a digital payment app, Apple Pay is the most reliable and safe option out there.
Also Read: How to Cancel an Amazon Order?
Conclusion
It is not possible to transfer funds directly from Apple Pay to Cash App. However, sending money between these two applications is achievable only by first withdrawing the money to your linked debit card or bank account and then transferring it to the Cash App. It is quite important to know how to transfer money from Apple Pay to Cash App. It doesn’t matter which digital payment app you use, first consider the efficiency of transferring funds and security aspects of the application.
