Digital wallets are becoming more accessible and widely accepted because of contactless payment systems like Apple Pay, Google Pay, and Samsung Pay.
Unlike Google or Samsung, Apple has gone above and above to provide the security that banking institutions require to accept Apple Pay.
Is it possible to use Apple Pay at an ATM?
The majority of cardless ATMs accept Apple Pay. Large financial firms like JPMorgan Chase, Wells Fargo, and Bank of America are among them. The contactless icon, which indicates that the ATM is NFC-enabled, is all you need to look for.
Wireless payment options have been criticized in the past for posing a security risk to their customers.
Because it’s so simple to use, surely it’s also simple to exploit? The truth is that it isn’t the case.
Large organizations have enough faith in the security locks and Apple’s extra effort that they are willing to put their fortune on the line to allow it to be used.
NFC readers can assist avoid ATM skimmers, giving contactless systems an extra boost of confidence.
ATMs have been modified to support the feature, and some are even contactless only, as the population of the technical world has adopted devices that can make use of NFC.
That means you can ditch your wallet and use your iPhone or Apple Watch to pay for things in restaurants and retailers, as well as get cash.
How Do I Use Apple Pay with an ATM?
You might be wondering how your iPhone works now that you know you can use it for almost anything.
It’s just as simple to withdraw money with Apple Pay as it is to use it in a store.
All you have to do is open your device’s Wallet app, select the card you want to use, hold your phone close to the ATM’s NFC icon, and confirm it with Touch ID.
It can be difficult to get used to Apple Pay if it’s your first time using it.
The first step should be to set it up.
Open the Apple Pay app on your device.
Double-clicking the Side button or pressing the Apple Pay symbol will do the trick.
To use Apple Pay, you’ll need to add open the Apple Pay app on your device. and a card to your wallet.
It will guide you through the process on the screen of your iPhone.
You’re set to go once your card is in your Apple Pay wallet.
Apple Pay can be accessed in three ways.
You can enable a fast button on the lock screen, double-click the side button, or hold your iPhone up to the NFC reader when it’s seeking a card.
If you wish to use this feature, go to:
- Open the iPhone’s Settings app. From the drop-down option, choose “Wallet & Apple Pay.“
- Look for the “Cards” section. One of the options should be “Allow Access When Locked.” Toggle the bar to the green position.
You can add as many cards as you want, but only one of them can be set as the default.
If you need to use a different card than you usually pay with at the ATM, touch on your default card when it appears after you open Apple Pay.
This should bring up a menu where you can choose the cards you want to play.
Locate and tap the card you want to use.
To confirm, use Touch ID/Face ID or your passcode. You’re now prepared to utilize a cardless ATM.
How can I withdraw money through Apple Pay?
Withdrawing money from Apple Pay using your bank account is the best option.
If you have money in Apple Pay Cash, you can transfer it to your bank account and use an ATM to withdraw it.
Apple Pay Cash can be used to purchase things with a cashback option at some stores.
Convenience stores, on the other hand, are less likely to promote this alternative.
If at all possible, simply transfer the funds in your Apple Pay Cash wallet to your bank account.
Another alternative is to buy a Visa gift card with your Apple Pay Cash. Apple Pay can be used with some gift cards.
Visa gift cards function similarly to prepaid debit cards.
This means you can use one to earn rewards at participating retailers.
Visa gift cards can also be used at ATMs that accept them, however, there is a cost.
Because even Visa gift cards might be unreliable at times, it is far safer to simply transfer the funds to a bank account.
It’s also a lot less difficult in contrast.
Going with a bank account is something I strongly advise.
Is Apple Pay available at all ATMs?
Even in 2022, NFC-enabled ATMs aren’t everywhere, but they’re getting there.
You may have been using one without even realizing it.
Look for the NFC contactless icon the next time you’re at the ATM.
If you find one, you’ve already discovered an ATM where you can use Apple Pay.
Some banks have been more aggressive in adopting cardless ATMs than others.
Banks such as Wells Fargo, Chase, and Bank of America have already begun a drive to install cardless ATMs.
Only NFC-enabled smartphones, such as iPhones with Apple Pay, can use these machines.
One of the most frequently mentioned justifications for this shift is that it prevents the installation of card skimmers.
If you can’t find an NFC-enabled ATM near you, you might be able to use a bank-specific app.
Some banks have developed their apps with in-house security because they are less confident in NFC choices.
Fortunately, Wells Fargo, Chase, and Bank of America have branches in nearly every city around the country, so you can probably give it a try.
Is it possible to obtain cashback using Apple Pay?
Apple Pay Cash is only available at a few chosen locations that don’t generally offer cashback.
If you want to withdraw Apple Pay Cash as cash, you’ll need to transfer the funds to a bank account linked to your Apple Pay.
However, you may often use your debit cards, credit cards, or linked bank accounts at stores that give cash back.
Is it possible to utilize Apply Pay Cash anywhere?
Apple Cash is designed to be an alternative to a debit card for Apple users.
It works at stores and online much like a debit card.
Apple Cash, on the other hand, is regarded as a virtual currency.
That means it’s not eligible for cashback and can’t be used to withdraw cash from ATMs.
You can still convert your Apple Cash to paper if you need to.
Open the Wallet app on your iPhone. You’ll need to locate your Apple Cash card.
A black card with an Apple symbol next to the phrase “Cash” should be included.
Look for the button that says “More options.” There are three dots on a black circle.
There is a “Transfer to Bank” option, which you should select.
It will prompt you to enter the amount you wish to transfer.
Enter the amount of space you want to transfer. Then choose how fast you want it to go.
You can do it for free in 1 to 3 business days or pay a charge for a quick transfer.
Even with instant transfers, it can take up to 30 minutes.
Give it some time to pass.. Once it’s in your bank account, you can use it pretty much everywhere you choose.