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Bookmakers that accept Apple Pay are getting more and more common. Apple Pay for sports betting is easy to set up as it comes pre-installed on all new Apple devices. It’s also very secure, keeping your personal information safe. Finally, Apple Pay is far faster than other gambling payment providers.
Its easy to see why Apple Pay has become a stalwart for so many Apple product users. So, keep reading to find out how to set up and use Apple Pay for sports betting.
Setting up Apple Pay for betting sites couldn’t be easier. You don’t need to download any special software or apps. Everything you need comes pre-installed as part of Apple’s native OS.
The easiest way to set up Apple Pay for sports betting is by using your phone, so that’s the example we’ll use. But you can also set up Apple Pay on your Macbook or iPad.
Unfortunately, Apple Pay is not available on some older Apple products. At the very least, you’ll need an iPhone 6, iPad 3, or MacBook from 2012. So, if you want to use Apple Pay for Sports Betting, you’ll need a relatively new device.
Step one; go to settings and open up Wallet.
Step two; press the + symbol and scan your debit or credit card using the phone’s camera. The camera on your phone can automatically pull all the information from your card, so you’ll hardly have to input anything manually.
The process is even easier If you already have a card associated with your Apple account. In that case, all you have to do is select it.
Step three; verify your identity. This step varies from bank to bank. Generally, however, you can expect to receive a code via text message, which you can use to confirm your identity.
Step four; load up your wallet and log onto one of your favorite Apple Pay betting sites!
Pro tip; use your debit card instead of a credit card. All transactions within Apple Pay are free, but there is a 3% charge if you initially load up your wallet using a credit card. Good gambling is all about knowing the percentages, so don’t start your Apple Pay sports betting career by taking a loss.
Let’s start with the good news - Apple Pay is fast. Superfast. In the US, Apple Pay is faster than plastic at POS transactions.
This is great news for Apple Pay sports betting. You can make a deposit minutes before game time, and be confident that you’ll be able to bet right away.
Now for the bad news, you can’t withdraw your cash directly from Apple Pay. Instead, you have to send it to your bank via bank transfer.
At first glance, we thought this extra step seemed kind of annoying, but on reflection, it’s not that big a deal. Seeing as you can use Apple Pay anywhere, and there are no transaction fees, why bother taking it out in the first place?
You may as well spend your winnings through Apple Pay.
The time it takes individual Apple Pay bookmakers to pay out will vary. There are fast withdrawal betting sites out there. But based on our research, well-known Apple Pay betting sites like William-Hill take 3-5 days to process withdrawals. All the more reason to let it roll...
One cool thing we like about Apple Pay is that you don’t always have to verify your identity right away. You can try out the service, up until around the $500 mark, before verification becomes a requirement.
But you don’t need to wait until Apple prompts you to verify your identity. For security reasons, we recommend you do it right away. Thankfully, it’s a relatively straightforward process. Just follow these simple steps:
Step 1; Go to settings, and open up Wallet
Step 2: Tap ‘Apple Pay Cash’
Step 3: Scroll down to the bottom and tap ‘Verify Identity.’
Step 4: Input your details. Apple will ask for your name, address, the last four digits of your Social Security Number, and date of birth. If this info is not enough to verify your identity, Apple will ask additional questions.
Apple is not unique in allowing users to try out their digital wallet before verifying fully. You can use Neteller betting sites without verifying your ID, for example. However, you’re limited to low deposit sites, as there is a ceiling on how much cash you can transfer at once.
Only after verification can you get the most out of your favourite fast withdrawal betting sites.
From the online Apple store in 1997 to the iTunes store in 2003, Apple has long been a frontrunner in the world of e-commerce. Apple Pay is just the latest in a long history of e-commerce innovation from Apple.
Apple Pay was formed with the help of several international financial institutions. And yet, its existence remained a closely guarded secret right up until the 2014 launch.
By way of illustration, JPMorgan Chase sequestered 300 members of their staff to work exclusively on the project. Of those 300 people, less than one-third knew Apple was involved.
Apple Pay was probably a bit ahead of its time as the service is only now starting to catch on. Being able to use Apple Pay at bricks-and-mortar businesses has been a big help in this regard.
Thankfully, Apple Pay betting sites are more and more common. All the major bookmakers now accept Apple Pay for sports betting.
Apple Pay has two major advantages over other payment services; convenience and cost.
Apple Pay is probably the most convenient payment method available to you if you own any Apple devices. It’s part of Apple’s native OS, which means you don’t have to download any other apps.
More to the point, if you’ve made any online purchases using your device - you’ve probably done most of the work to set up Apple Pay already.
For example, if you have made purchases in iTunes, Apple already has your card info. Setting up Apple Pay only requires a handful of button presses.
This makes Apple Pay for sports betting an easy, almost frictionless, process.
Unlike other online payment providers, Apple Pay has very few extra charges. Transactions between friends and businesses are entirely free. The only time you’ll have to pay any fees at all is when you charge your account using a credit card.
Unfortunately, casinos in the US don’t currently accept Apple Pay as one of their online betting payment methods, although we’re hoping this will change soon!
The short answer is ‘Yes! It’s safe to use Apple Pay for sports betting.’
The longer answer is that Apple put a lot of thought into online security during the developmental stages of Apple Pay. This system has several features that make it super secure.
The thing most people will notice first is that Apple Pay uses your Biometric data for security. That means you can make payments using your face or fingerprint. If you’d prefer to do things the old-fashioned way, you also have the option of setting a secure password.
One of the key concepts behind Apple Pay’s security set-up is that nobody can steal something that doesn’t exist. Apple doesn’t store your data after your initial account is set up.
Your sensitive information is not stored locally on your phone, or in the cloud, on Apple’s servers. This way, hackers can’t steal your data - because it doesn’t exist. Apple will store bits and pieces, like the last four digits of your card, for verification purposes. But the whole card number doesn’t exist.
So, if Apple Pay doesn’t store my banking data, how do I pay for things? Instead of transferring your banking data, Apple Pay sends your Device Account Number. This number is more secure than even your card number, as it’s connected solely to your specific device - making it completely anonymous.
This anonymity adds an added layer of protection while your sensitive data is in transit. Even if the world-class data encryption were to fail, hackers wouldn’t be able to do anything useful with that data.
And the same goes if there is a security breach with one of your Apple Pay bookmakers. Bookmakers that accept Apple pay will only have your device number and username. They won’t store your sensitive financial data on their servers because they don’t have it.
Apple Pay is an excellent option if you want to bet online. It’s safe, secure, and super fast. The only limitation is that you have to use a bank transfer for withdrawals. But even that isn’t such a big deal, as you can use Apple Pay for all sorts of day-to-day purchases.
There was a time when bookmakers that accept Apple Pay were few and far between, but this situation is changing rapidly. Now Apple Pay sports betting is accepted by all the major bookmakers in the industry. We recommend Apple Pay for any Apple users who want to get the most out of their sports betting experience. If you aren't an Apple product user then we suggest taking a look at the best low deposit betting sites and the best Neteller betting sites.
The transaction fee for Apple Pay charges differs on the basis of where you are using the services. Generally, you need not pay any transaction fees in this payment service. Whether the user is making purchases or deposits, Apple Pay charges no fee. However, if you are playing slots on a gambling site and want to use an Apple Pay bookmarker, things might be a bit different there. Find out more about Apple Pay fees in our latest guide at CaptainGambling.
Apple Pay uses a touch I.D. feature that is not present in all Apple products, especially the older versions. Visit us at CaptainGambling to find out more about payment methods from any device, whether it through iOS or Android. With the easy payment method, you will be able to bet on games instantly.
When it comes to payment, the best online betting sites give you plenty of options to choose from. With options like Apple Pay, you can instantly place a bet on your favourite slot or for any sport. The process is both quick and simple. Moreover, with due licensing and registration process, the transaction remains completely safe - to find out how to use Apple Pay safely, check out our latest guide.
Payment technology, which generally uses the latest encryption tools and other features like facial recognition, are pretty safe for online betting. We at CaptainGambling provide you with complete information on the betting payment process to make you aware of the method. By checking out our website, you will be able to use your credit cards or Apple Pay without any second thought on security.