At this year’s WWDC, Apple introduced Apple Pay Cash, an exciting feature that allows you to send and receive money in the Messages app. Apple Pay Cash was previously expected to launch alongside iOS 11 in September, but it was nowhere to be found.
With the release of iOS 11.2, Apple is finally making Apple Pay Cash an essential part of its mobile operating system. In short, Apple Pay Cash allows users to create their own virtual debit card that is linked with your bank account. This lets you send money to your friends, add money to your card and receive money.
In this guide, we will show you how to transfer money from Apple Pay Cash to your bank account. Before we begin, make sure you are now running iOS 11.2. If not, update your device first.
How to transfer money from Apple Pay Cash to your bank account
Note that Apple Pay Cash is not enabled automatically, meaning that you need to activate it manually. Make sure you have already enabled it on your iPhone.
Step one: First off, launch the Wallet app from your home screen and then hit Apple Pay Cash. After that, tap on “i” and then select the Info tab
Step two: Once you are done, hit Transfer to Bank, then enter the amount of money you wish to transfer to your bank account and hit the Transfer button at the top right corner
Step three: Now just simply authenticate using Face ID or Touch ID to complete the task.
How to update your bank account information for Apple Pay Cash on your iPhone
You can easily update your bank information to make sure everything is up to date. The process may be a little bit confusing, so you can follow our steps below.
Step one: Launch the Wallet app on your iPhone, then select Apple Pay Cash and tap on “i” button
Step two: Hit the Info tab and then hit Transfer to Bank to proceed. After that, to add your banking information, you simply need to tap Add Bank Account and then provide your routing number and account number
Step three: To delete your banking information, hit the Edit button and then select Delete Bank Account Information.
Got any questions? Let us know in the comments below.