Apple Pay’s versatility extends to a variety of uses, including cash withdrawals at ATMs. In this article, we’ll explore how Apple Pay has paved the way for a more convenient and secure ATM experience.
Apple Pay: A Brief Overview
Apple Pay is a mobile payment and digital wallet service introduced by Apple Inc. It enables users to store their credit and debit card information securely on their Apple devices, such as iPhones, iPads, Apple Watches, and Macs. With Apple Pay, transactions can be completed with just a tap or a glance, utilizing technologies like near-field communication (NFC) and tokenization to ensure the highest level of security.
Apple Pay ATMs
While Apple Pay is primarily associated with point-of-sale payments in stores and online, it can also be used to withdraw cash from ATMs. This feature provides added convenience, especially for users who prefer a cash-based financial approach in certain situations.
How to Use Apple Pay at ATMs
Using Apple Pay at ATMs is a straightforward process, provided that the ATM supports this feature. Here’s how you can do it:
- Locate a Supported ATM:
- First, make sure you’re near an ATM that supports Apple Pay for withdrawals. Not all ATMs are equipped with this feature.
- Prepare Your Apple Device:
- Ensure that your Apple device has Apple Pay set up and that you have linked at least one debit card to your Wallet app.
- Approach the ATM:
- Approach the ATM and tap the screen to wake it up, if necessary.
- Select Apple Pay:
- Choose the Apple Pay option on the ATM’s interface.
- Authenticate the Transaction:
- Use the authentication method associated with your device, such as Face ID, Touch ID, or your device passcode, to confirm the withdrawal.
- Choose the Card and Amount:
- Select the debit card you wish to use for the withdrawal and specify the withdrawal amount.
- Complete the Transaction:
- Follow the on-screen prompts to complete the transaction. The ATM will dispense the requested cash amount.
Read Also: How To Add Money To Apple Pay
Benefits of Using Apple Pay at ATMs
- Convenience: Apple Pay at ATMs eliminates the need for a physical debit card, making cash withdrawals more streamlined.
- Security: Apple Pay’s advanced security features, including tokenization and authentication, ensure that your financial information remains safe.
- Expense Tracking: The Wallet app allows you to track and monitor your ATM withdrawals easily.
Can you withdraw money with Apple Pay in ATM machines?
Apple Pay is Apple’s contactless payment feature, which lets you add bank cards to your phone or other eligible device, to make mobile payments in person, online and in apps.
You may also be able to use Apple Pay at an ATM machine to make a cash withdrawal², if the ATM supports contactless — and therefore cardless — withdrawals.
To find an ATM that takes Apple Pay you’ll need to look out for the contactless symbol which will be displayed prominently on the ATM machine. If you see this you can usually make a withdrawal with a contactless card, or using a digital wallet like Apple Pay.
Which (US) banks let you use Apple Pay to withdraw money?
Some of the leading US banks have wide networks of cardless ATMs — including:
- Chase
- Bank of America
- Wells Fargo
Other banks like Citibank and US Bank also have cardless ATMs, but this functionality might not yet cover their entire ATM network. Look for the contactless symbol on the ATM to see if a card-free withdrawal with Apple Pay is possible.
How can you withdraw money with Apple Pay
So once you’ve found a cardless ATM that will let you make an Apple Pay withdrawal, what next?
While the exact steps you take may vary based on the ATM operator, the broad process is the same — and you’ll be guided throughout by on-screen prompts if you get stuck. Here’s what to do:
Step 1. Double-click the home button to open Apple Pay — or if your phone is already unlocked, just tap Wallet and select the debit card you want to withdraw from
Step 2. Look for the contactless symbol on the ATM, and hold your phone nearby, keeping your finger on the home button
Step 3. Follow the prompts to enter your PIN on the ATM keypad
Step 4. Enter the amount you want to withdraw, following the on-screen instructions
Step 5. Your money will be paid out
Not sure if contactless withdrawals with Apple Pay are right for you? Here are some pros and cons to consider:
| ✅ Pros | ❌ Cons |
|---|---|
|
|
Can you use Apple Pay in ATMs abroad?
You can use Apple Pay in any country which offers contactless payment technology. When it comes to using Apple Pay to make ATM withdrawals internationally, the key is finding contactless ATMs in your destination country.
Cardless ATMs are available internationally, but it’s still relatively new technology and hasn’t been rolled out everywhere yet.
European financial infrastructure company Six Group⁶, for example, states that in 2019 the number of global contactless ATMs went up by 26%, with further increases brought on subsequently due to the global pandemic.
To take one example, in Switzerland, in 2020 around 20% of all ATMs had contactless withdrawal options — a percentage which is likely to have risen since.
Assuming you can find cardless ATMs when you travel, you should be able to use Apple Pay to make cash withdrawals overseas as easily as you do at home.
Check: How to set up apple pay
How much will you be charged for using Apple Pay in a foreign ATM?
If you make a withdrawal internationally with Apple Pay, any fees your own card issuer, or the ATM operator applies will still need to be paid.
ATM operators may charge a range of fees — but these usually show up on the ATM screen when you’re processing the transaction so you can decide if they’re reasonable or not. The other charge which is common, and a bit more painful, is the foreign transaction fee often charged by credit and debit card issuers.
This is typically about 3%, but you’ll need to review your card terms and conditions to see exactly how it works for your specific card.
Finally, don’t forget extra fees may apply if you use Apple Pay with a credit card for a cash withdrawal. In this case, a cash advance fee is usually payable, which can push up costs significantly.
Where can you find ATMs that take Apple Pay?
To identify if an ATM will take Apple Pay — in the US or internationally — you’ll need to look out for the contactless symbol on the ATM itself. If this is visible, it probably means you’re good with Apple Pay to make a card free withdrawal. Simply follow the prompts on the ATM to get started.
Conclusion
Apple Pay’s integration with ATMs is yet another testament to its commitment to providing users with convenient and secure payment options. Whether you need cash for emergencies or simply prefer using cash for certain transactions, the ability to use Apple Pay at ATMs makes it easier than ever. As technology continues to reshape the way we manage our finances, Apple Pay stands at the forefront, offering a wide range of benefits for users seeking a modern and efficient approach to everyday financial transactions.