With all the benefits of Apple Pay, many people ask “is Apple Paying a credit card? Will it charge me cash or just let me use my credit card like I do everything else?” The answer is a solid “no”. As Apple Pay is a service that allows you to make purchases in stores through your iPhone, you can literally spend what you want and not have to worry about spending too much. No more worries about paying for items on credit.
You will still be billed on purchases, but this time around you have the option to use your credit card instead. You can make a purchase anywhere that accepts MasterCard, Visa or American Express. Apple Pay is used in over 500 stores in the US and Canada. It works with any major credit card processing company including Discover, Advanta, and MasterCard.
The way Apple Pay works is very easy. When you are at an Apple Pay-approved site, all you need to do is touch your iPhone to approve the sale. You don't need a credit card. You don't need to open up a separate bank account, deposit money into it or anything like that. You simply make a purchase using your iPhone. You can choose any of hundreds of kinds of items to purchase.
This makes it easy to use your iPhone as a payment tool. Many people are concerned that they don't have enough credit cards to make their purchases, especially if they don't travel that often. On the contrary, Apple Pay lets you add as many credit cards as you like to your list. As long as you pay off those cards each month, you can increase your spending power without being restricted by your credit cards. You will also never feel crowded out by too many credit cards because you will only have to use one.
When you're ready to shop, touch your iPhone to enter your credit card information. Touch your iPhone when you're ready to check out, before you leave the store, and before you make your purchase. Your transaction is then immediately deducted from the balance on your chosen credit card. In addition, you'll get a receipt that you can print right at home, and a statement that you can also print. This streamlines the process for both you and the merchant, making both of your jobs easier.
Apple Pay is one of the simplest ways to gain financial freedom. Now you can pay for your everyday items with an iPhone. It eliminates the hassle of carrying cash and keeping track of everything. You can shop just about anywhere with the capabilities of your iPhone, and you don't have to wait for the cash to come when you're in the store. The only thing you need to do is sign the app and start using it. It's more convenient than any credit card that is available.