Can you link bank account to apple pay

Enjoy the ease of secure, on-the-go payments with your Apple Pay and be rewarded with DBS/POSB Card privileges.

 

How to set up

Here's how you can add your DBS/POSB Visa & Mastercard® Credit and Debit Cards to Apple Pay1.

For the iPhoneFor the Apple Watch1. Open the Wallet app1. Open the Apple Watch app on your iPhone and select 'Wallet & Apple Pay'2. Tap the '+' sign2. Tap 'Add Credit or Debit Card'3. Follow the onscreen instructions3. Follow the onscreen instructions
For the iPadFor Macbook Pro with Touch ID1. Go to Settings1. Go to System Preferences2. Open “Wallet & Apple Pay”2. Select “Wallet & Apple Pay”3. Select “Add Credit or Debit Card”3. Select “Add Card”

 

How it works

There’s no need to fumble around looking for your cards with Apple. Simply follow these steps for a fuss-free payment experience:

• To pay in stores, place your iPhone near a contactless reader and complete with Touch ID or Face ID. On Apple Watch, simply double-click the side button and hold the display up to the contactless reader.
• To pay in apps and on the web, select Apple Pay as the payment method at checkout and complete using Touch ID or Face ID.

For more information on Apple Pay, find out more at //www.apple.com/support/apple-pay.

 

Where to Use

Shopping with your DBS/POSB Visa & Mastercard® Credit and Debit Cards is now a breeze with Apple. Just look out for the Apple Pay mark or contactless symbol at the checkout counter.

A growing number of merchants now accept Apple Pay. Look for the Apple Pay or Contactless logo. For a list of some of the participating merchants, visit apple.com

What happens if my device is stolen or lost?

If your iOS device is lost or stolen, call us and we can disable your Prosperity Bank credit card or debit card.

How do I make purchases with Apple Pay?

When shopping in a retail location, position your device near the contactless reader with your finger on Touch ID‡ or using Face ID‡. You’ll feel a subtle vibration or hear a beep, which lets you know that the payment information was successfully transferred.

Like all credit cards, Apple Card requires that you have a bank account for making payments. As you might expect, Apple makes it easy to select a bank account for ‌Apple Card‌ payments using the Wallet app on your iPhone.

The first time you add a bank account, you'll be asked if you want to add the same bank account that you use with Apple Cash (assuming you've set up Apple Cash). If so, all you need to do is say yes, and you're good to go. Otherwise, you can manually add a different bank account for your ‌Apple Card‌.

You can add multiple bank accounts to your ‌Apple Card‌, but the first one that you add becomes your default bank account for making payments. To add a bank account, you'll need your bank account number and bank routing number. With those ready to hand, simply follow these steps.

1. Launch the Wallet app on your ‌iPhone‌.
2. Tap your ‌Apple Card‌.
3. Tap the black ellipsis button (the three encircled dots) in the top-right corner of the screen.
4. Scroll down and tap Bank Accounts.
5. Tap Add a Bank Account.
6. Follow the onscreen instructions.

If you need to, you can easily delete a bank account from the Bank Accounts screen by tapping Edit and then tapping the red minus (-) button next to the bank account in question. Be aware, though, if you have scheduled payments set up, you'll need to shut those off before you can remove your bank account.

Did you know you can also use any Apple Cash that you've accrued to help make immediate one-time payments to your ‌Apple Card‌? Click here to learn how it works.

Apple’s digital wallet - Apple Pay¹ - is a handy way to make purchases in person and online. Unfortunately at the moment, you can’t use Apple Pay and PayPal together - although you can link your Apple ID to PayPal for some in app purchases. This guide will tell you how.

We’ll also take a look at the Wise multi-currency Mastercard as an alternative to use with your Apple Pay account, to cut costs and spend conveniently. It could end up being up to 4x cheaperfor spending abroad.

We'll cover:

• Apple Pay and PayPal - the basics
• How to add PayPal to your Apple ID

Apple Pay and PayPal - the basics

As we have noted, you can’t use your PayPal account with Apple Pay. That means you can’t use PayPal to fund contactless purchases on the iPhone or Apple Watch. It’s also worth noting that you can’t use a PayPal Cash Card with Apple Pay.²

It is, however, possible to add PayPal to your Apple ID to make in app purchases. That means you can use PayPal to buy from the App Store, Apple Books or iTunes, or to buy Apple iCloud storage.

Try Wise instead

You can’t link your PayPal account or card to Apple Pay. But you can access simple, low cost payments using Apple Pay, if you use a Wise multi-currency account and Mastercard instead. If you’re spending overseas, or shopping online with retailers based abroad, this may also save you money compared to PayPal.

Get a Wise multi-currency account online to hold dozens of currencies and access currency conversion at the mid-market rate. Simply switch to the currency you need for a low, upfront charge, and you can spend using the card, with no additional foreign transaction fees. Link to Apple Pay for convenience, and you’re all set.

Spend online without a foreign transaction fee using the Wise Mastercard

See if you can save

How to add PayPal to your Apple ID

You can use PayPal for purchases using Apple ID. Here’s how to link your PayPal account and Apple ID.⁴

On an iPhone or iPad:

1. Click Settings followed by your name
2. Select iTunes & App Store
3. Choose Apple ID, then View Apple ID
4. Tap Payment Information, select PayPal and add the required information

On Mac and PC:

1. Open iTunes and hit Account at the top of the screen
2. Select View My Account
3. Add your Apple ID password, then hit Edit, to the right of Payment Type
4. Choose PayPal and click Done in the bottom right corner

On the web:

1. Log into the Apple website⁵ and select Payments & Shipping
2. Click Edit, Select Payment Method and then PayPal
3. Hit Save and you’re done

So there you have it. You can’t use PayPal with Apple Pay - but you can make a limited number of purchases by linking PayPal to your Apple ID. For Apple Pay, why not link to a Wise multi-currency account and Mastercard instead, to save money when you shop.

Sources:

1. Apple - Apple Pay
2. PayPal Support Center Can I add my PayPal Cashback Mastercard or PayPal Extras Mastercard to Apple Pay?
3. Apple Support Center Payment methods that you can use with your Apple ID
4. 9to5mac How to use PayPal for your Apple ID payment method
5. Apple - AppleID

All sources checked on 19 May 2020

This publication is provided for general information purposes only and is not intended to cover every aspect of the topics with which it deals. It is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content in this publication. The information in this publication does not constitute legal, tax or other professional advice from TransferWise Limited or its affiliates. Prior results do not guarantee a similar outcome. We make no representations, warranties or guarantees, whether express or implied, that the content in the publication is accurate, complete or up to date.

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