This service, which many users have enjoyed for some time and which many of us hope to see one day, has just received a series of interesting improvements. For a few hours Apple Cash is compatible with Mastercard debit cards, but there are other interesting changes as well.
All users who have this service have received an email announcing the possibility of transferring money to their Apple Cash balance using Instant Transfer with a Debit Mastercard. And is that until yesterday this option to transfer money this was only possible with a Visa debit card
Money gets to us faster at Apple Cash
It seems that to complete the money transfer the process might take some time, but now with Instant Transfer the money is sent from our bank to Apple Cash immediately and so on. the user has the money instantly.
On the other hand, the terms and conditions of the service have also changed and now Apple will charge 1.5% for transfers made with Instant Transfer, there is also a minimum fee of $ 0.25 and a maximum fee of $ 15 for each transaction. In this way, the options are even more limited and possible problems with financial institutions are avoided.
All of this will be launched from Thursday, August 26, and those who don’t want to pay anything to add money will be able to continue using ACH transfers, which are free. Logically, this type of money transfer takes between 1 and 3 days from the moment of the transfer to the account. The downside to all of this as we say at the start of the article is that Apple Cash remains exclusive to US users.