What is Apple Pay and How Does It Work?
Apple Pay is a mobile wallet system that works from most Apple devices, whether you are using a phone or a tablet. Acceptable around the world as a quick way to pay for goods at the till and online. All users need to do is enter their card details and the wallet system stores them within their device. You can add as many card details as you like and the wallet will store them for you. You can also select which one you would like to use to complete purchases. It is then super easy to pay for items, using your device. All you need is your fingerprint or your face if your device supports facial recognition to authorise any transaction. You never need to pass your card details onto any merchant. Therefore, Apple Pay is a great way to stay secure when betting online.
How does it work – Making a Deposit and Withdrawing Funds
With Apple Pay, customers at the bookmakers can make a deposit and withdraw money with ease. The service is available through any Apple device, including a Mac computer using Safari as your browser. If you want to use Apple Pay gambling to make a deposit, you can do so easily. Simply head to the deposit page at whichever bookmaker you are using and then look for the Apple Pay logo. Click on that and enter the amount that you wish to deposit. Your device should then prompt you to enter your identification, whether that is your fingerprint, a PIN or through facial recognition. Withdrawing cash is just as easy, just click on that Apple Pay logo again and then enter the amount you wish to withdraw and do the security check.
Processing times – Deposits and Withdrawals
Most bookmakers can accept deposits from Apple Pay and process them immediately, much like they can when you pay directly with your debit card. This means that using Apple Pay doesn’t preclude you from in-play wagering. When it comes to withdrawing any winnings that you make, most operators with Apple Card have a 2-4 day processing time. Again, this is pretty similar to processing times when using a debit card. There really is nothing to lose by using Apple Pay.
Fees (taxes or commissions) Charged when using Apple Pay?
It is always worth checking if there are any specific fees when it comes to making deposits or withdrawals at any specific bookmaker. Apple Card gambling, however, should not normally attract any fees or commissions. If you think about it, realistically, you are still using your debit card to make the transaction. Apple is just making it easier for you. You wouldn’t normally expect to pay any fees when using your bank card, so neither should you with Apple Pay. Just double-check with the operator before you make the transaction.
Timeline – A brief history of gambling
Operators with Apple Pay are growing in number around the world. Since its inception in 2014, Apple Pay has forged a new way to pay both in retail locations and online. Many retailers offer service around the world and it is also growing in popularity online. When it comes to bookmakers that offer Apple Pay, this is also a growing trend as many customers are beginning to understand the advantages of using the service.
Interesting facts and figures
253 million people around the world use Apple Pay. This is something that bookmakers can’t ignore. They simply have to offer the service if they are to compete, so you should expect to see more and more operators offering this payment method. In fact, 27% of British people claim that Apple Pay is their favourite method of payment when online. Apple Pay is something that bookmakers simply can’t afford to not offer.
The Best Betting Sites that Accept Apple Pay
There are many betting sites that offer Apple Pay. Just offering the service, however, doesn’t necessarily make them the best. In our experience, the best providers that offer the service include Ladbrokes, Betfair and Paddy Power. These are all well-known bookmakers operating in the market. They are known for being competitive in the odds that they offer and also for being extremely reputable. Given that they also offer Apple Pay, they might well be worth a look if you fancy a bit of a flutter.
Pros and Cons of using Apple Pay
See here for our pros and cons for Apple Pay Betting. Also, it is worth noting that using Apple Pay does not preclude you from obeying betting limits.
- An extremely convenient, quick and safe way to pay.
- Any money deposited hits your account at the bookmaker instantly, so it is ideal for those who want to play right away or perhaps take part in live betting.
- Easy to use
- Secure – Uses fingerprint or facial recognition.
- Does not store transaction history. This means that your spending with a bookmaker is not trackable, ideal if you like your anonymity.
- Access to the advantages of deposit bonuses, it works in very much the same way as if you had deposited using your card details.
- You need an Apple device to access it.
In summary – Why is it a good option for transfers when betting?
Apple Pay allows you to place bets quickly and securely. Customers can take advantage of the speed of making deposits to take advantage of great odds the moment that they hit. They can also benefit from not having to enter their card details or other personal details into a system where they can’t be sure of its safety. It is also great for those who perhaps don’t want their betting habits to be tracked. It is possible, through Apply Pay to retain anonymity.
Apple Pay – FAQs
As with anything new, customers are bound to have questions. We will try and answer these below.
Is it safe and secure to use for Online Betting?
Yes, we believe that Apple Pay offers one of the safest and most secure ways to pay. Your card details are never revealed to the bookmaker that you use. Indeed, the only information of yours that they can see is your device account number. The fact that it is protected by your fingerprint or through facial recognition also offers extra security. Accessing your account is certainly much more complicated than it was when a PIN was all that secured it.
Is there a restriction of use in some countries for gambling?
Apple Pay still is limited in terms of gambling restrictions. If a website is not regulated in the country that you are accessing it from, you cannot get around this by using Apple Pay. You will still only be able to access websites that are regulated within the country you are in.
Are there Apple Pay Bonuses available?
There are not really any specific Apple Pay bonuses available. Bookmakers tend to offer bonuses in regards to deposits, they are not usually concerned as to the method that you use. You might well be able to claim a bonus for making a deposit but is unlikely to be because you used Apple Pay.
Is this payment method available for sports betting in the UK?
Yes, there are many UK sports betting operators that allow the use of Apple Pay to make deposits and withdrawals.
Can I also use in betting shops?
Apple Pay is available in many shops and betting shops will be no different. Simply look for the logo near the payment terminal and you will know if the payment method is accepted or not.