06.08.2021 04:27 Uhr, Quelle: AppleInsider

Apple Cash Instant Transfer now supports Mastercard debit cards, fee increases to 1.5%

Apple this week updated its Apple Cash product to include Instant Transfer support for Mastercard debit cards, while an upcoming change will increase transfer fees to 1.5% of the transfer amount.Announced in an email to Apple Pay users on Thursday, the update delivers immediate Instant Transfer integration for Mastercard debit cards. The feature, which allows users to instantly transfer funds from an Apple Cash card to a debit card, was previously restricted to Visa.As stated in an updated Apple Support document, Instant Transfers currently carry a 1% fee, with a minimum fee of $0.25 and a maximum fee of $10. That is set to change on Aug. 26, when rates will rise to 1.5% of the transfer amount, with a minimum fee of $0.25 and a maximum fee of $15.Read more

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