Apple Pay is one of the more recent additions to the gambling industry payment methods. The concept allows you to bank straight from your Apple device using Touch Id, which is essentially a fingerprint recognition. Some of the top online bookmakers are now accepting the method and whilst it’s still a pretty niche form of banking, due to the success of Apple and pretty much everything they release, we would expect it to become quite popular in the coming years.
The process works in a similar way to an e-wallet in that your cards are hooked up to the payment process. So, when they are linked like that, you just choose the amount that you want to pay and then it comes straight from your bank, with no pre-loading required. One of the benefits to this is that it allows you to store several cards within the one account. This could be a combination of credit or debit cards and then when you come to deposit, you just choose your method.
Betting Websites That Accept Apple Pay
You need to bear in mind that when you deposit, you won’t be able to withdraw using this payment method. Most bookmakers will simply pay the money back to the card that is linked to your account, but others may require you to manually input your bank details for further transactions. Whilst no verification is needed for this – apart from your cards CVV code – you may need to verify your withdrawal method.
Trusted by Larger Institutions
The good thing is that most of the larger banks will accept Apple Pay, such as Barclays, Lloyds, HSBC, NatWest and so on. In fact, there are very few that don’t, which means it should be more accessible to a wider range of players. It’s also worth noting that this is going to be one of the safest ways to bank as it will require your fingerprint ID each time you make a deposit. Whilst cloning cards and obtaining card numbers isn’t easier, it is much easier to break than getting hold of your fingerprint, which can only be a good thing.
As a final word on the product, it is worth noting that Apple will not be tracking any transactions made using this method. The system will give you access to your card and then take funds direct from your bank. It’s worth remembering this should anything go wrong or if you think you may have been a victim of fraud with the banking method.
How to Deposit Using Apple Pay
- The first thing that you need to do is set up Apple Pay on your Apple device. This will require you to add credit or debit cards to your phone using either the manual input or simply by scanning the card in question for it to then pull the numbers from the card. You are able to add multiple cards and doing so literally takes less than a couple of minutes.
- The next thing is to log into your betting account and then head to the banking section.
- You will then need to select the Apple Pay option and input the amount you want to deposit.
- Next you will be prompted to choose the card linked to your Apple Pay account and confirm the amount.
- Finally, simply scan your fingerprint using the Touch ID technology and the deposit will be made. It’s that simple!
What Countries Accept Apple Pay for Gambling?
The good thing about Apple Pay is that it’s not restricted to any countries as such. The ability to use the technology will depend more on how recent your Apple hardware is. Obviously you will need something that allows you to use Touch ID, so it has to be fairly recent.
The acceptance within certain regions will depend on whether that bookmaker is able to offer the service. For example, at some bookmakers users from the UK are able to use Apple Pay but then the majority of other countries are restricted. Whereas, 888 allow punters from Germany and Italy to both bank using Apple Pay as well.
About Apple Pay
Whilst many of you are more than familiar with the Apple brand, this about section will give you a little history as to how the Apply Pay system was formerly set up. The Apple Pay concept has been about since 2013, but in reality, Apple had been working on this for years.
How It Started
Like most corporations of Apple’s size, they decided to enlist people who were experts in the field and made a number of acquisitions of companies who were start-ups in this exact field. They were then able to allow these people to work together to essentially bring the product that you see today.
They worked closely with the likes of VISA, MasterCard and American Express to make sure that all bases were covered, allowing them to file payments from a huge number of cards. What’s interesting is that Apple had to make sure that as few people knew about the project as possible, so enlisting the help of JPMorgan, they had around 300 people on the team, with only around 100 of those people knowing that they product they were working on was for Apple.
Launched in 2016
The product was finally launched in 2016 at the iPhone 6 event and with it Apple CEO, Tim Cook, had stated that it would replace the outdated way we pay for goods. The first roll out came within the US, but as the success quickly grew, markets such as the UK and China were quickly brought on board.
Over the coming years Apple were able to team up with some of the biggest companies in the world to allow the payment to be processed within their stores. These included Exxon Mobil, ANZ, Kohl’s and many, many more. Other countries that have been included are that of Australia, Canada, Singapore, France, Hong Kong, Switzerland, Taiwan, New Zealand, Spain, Italy, Ireland and Republic of Ireland.