Apple Pay is a new service from the Cupertino-based company that allows you to make purchases by using your phone. The service is set to launch in the United States later this month and is believed to also launch in other countries such as Canada. This means you will no longer need to use your credit card to make online purchases and be left with a hefty bill.
Apple Pay was created to provide an alternative to credit cards because it works more like a debit card. With a credit card you can make payments, but it is still stored on your card until you make a purchase. With Apple Pay, the funds are transferred directly into your account when you insert the phone, making it easier than a credit card to pay for your purchases. As long as you have a working mobile phone that accepts the technology, you are ready to go.
For all the excitement that surrounds Apple Pay, it is important to remember that not every bank and credit union is set to participate with the new service. Apple Pay is expected to launch in all U.S. states by the end of the year but it is important to understand that bank and credit union has signed up so you are prepared to begin using the service when it is available.
When you try to apply for an Amex card that will accept Apple Pays you should be directed to a page that contains a link that says “No”. It is important to know this information before you make any further purchases. If you enter the code incorrectly, you could have trouble buying a product or service with your card. You should also be aware that some banks and credit unions will not even accept the application, so you may want to shop around until you find a bank that will honor your application.
You can start shopping now for an Amex card that will accept Apple Pay. Simply enter the code into the device on your screen and the card will instantly be linked to your bank account. From here, you can start making purchases with the device or you can use your iPhone to make purchases directly through the card. If you choose to make your purchases with the device, you will be required to insert your phone into an access port at the back of the card reader.
There are a number of benefits to having an Amex card that accepts Apple Pay. If you already have a card, you will see no reason to switch from one to the other. If you have a bank card but do not currently have an account with the bank, you may want to start shopping for an Amex card that will allow you to accept this new service so you can . . . . . . use it to help cut out the fees and interest charges on your balance.