Anyone who owns an iPhone or an iPad is probably familiar with the concept of Apple Pay. Interestingly enough, not everyone knows that you can use this payment method for your transactions on online betting and gambling sites.
Since its conception, in 2014, Apple Pay has become a staple in e-commerce, as it provides safe and fast online payments. It is yet to become as popular as credit cards or more traditional e-wallets, when it comes to betting platforms, but there are more and more online bookmakers who accept Apply Pay deposits and withdrawals every year. This guide will walk you through all the key features of Apple Pay when it comes to online betting.
How can I make a deposit using Apple Pay?
Anyone who has used an Apple product in the past knows that the company hates complexity. This is no different in the case of Apple Pay betting sites. It offers one of the most user-friendly interfaces and the whole procedure is seamless and fast. If your betting site of choice lists this particular method as one of the available ones for deposits, the steps you have to take are the following:
- Log in your betting account.
- Press the “Deposit” button on the homepage.
- Choose “Apple Pay” out of the available options.
- Type the amount of money you want to deposit and click “Next”, “Deposit”, or “Pay”.
- On a new window (make sure pop-ups are allowed), you will be asked to fill in your Apple credentials.
- Confirm the transaction and within 30 seconds the funds will have been transferred.
Most betting sites allow for deposits as low as £10. The maximum limit is typically £500, but it can be removed once your Apple Pay account has been verified. The app will ask you to verify your account. It is not mandatory, but this way you can remove any restrictions.
Can I withdraw money with Apple Pay?
Apple Pay is a top-tier deposit method, but it has a major weakness, as it cannot be used to withdraw money from your betting account. For the time being, when wanting to cash in on a big win, you will have to settle for an alternative method. Usually, this will be an e-wallet, as it eliminates fees and minimises waiting times.
How to Sign Up for Apple Pay?
Once you have an eligible device (iPhone, iPad, Mac computer, or even an Apple Watch), and an Apple ID you will be able to create an Apple Pay account. Once again the steps are extremely straight forward.
- Sing in the “Wallet” app and tap the “+” button.
- Scan the card or insert its details manually.
- Depending on the bank that issued your card, you will be asked to confirm that you want to add the card to your Apple Pay account.
- Once the bank approves the addition of your carrd, you can start using the Apple Pay service.
Can I claim a First Deposit Bonus if using Apple Pay?
Your welcome and deposit bonuses are guaranteed if using Apple Pay. As long as your deposit meets the requirements set by the betting site for a bonus, then any applicable rewards will be yours. In fact, most payment options allow you to enjoy your bonus. The only restrictions some bookmakers set are for Neteller and Skrill transactions, as many people have abused bonuses in the past, by creating multiple accounts at those specific ewallets.
Are there any fees for using Apple Pay?
Apple will never cut any fees for using its product on betting sites. As for the bookmakers themselves, the norm is that they do not charge any fees either for Apple Pay transactions. You are, however, advised to be careful and carefully read the terms and conditions. Every bunch has its bad egg and the betting industry is no different. If the bookie you are researching charges for Apple Pay deposits, chances are that it is in general not a good idea to deal with them. Remember that no trustworthy betting site would charge you for depositing money.
Apple Pay markets
Apple Pay is one of those products that can safely be described as having a global-appeal. It is true that the United States and the United Kingdom are its core markets, but Apple recently announced that Apple Pay is supported in 60 countries around the world, including Canada, Russia, Australia, China, Japan, Brazil and all EU member countries.