Do Any Betting Sites Accept Apple Pay?
Apple Pay is a convenient payment method. When you’re betting on your phone, it would be a simple solution, which means you don’t have to enter your card details. But do betting sites accept Apple Pay?
Online betting is forecast to grow to a $100 billion industry by 2026. As the world of online betting grows, the range of payment methods is growing with it. Online betting site users are demanding more convenient and secure ways to place their deposits and many betting sites are answering that call.
One of the newest payment methods being introduced to the world of online betting is Apple Pay on iOS mobile devices.
In this article, we will explore which online betting sites have started accepting Apple Pay as well as the pros and cons of this payment method.
What is Apple Pay and How Can You Set it Up?
Apple Pay is a feature released by Apple in 2014. It lets iPhone users pay for products with their phones. Just as you would tap a contactless card on a card reader, you can do the same with your phone when you have Apple Pay set up.
Since its release in 2014, it has been widely adopted in many industries. You can now pay for everything from your groceries to your London Tube fair with Apple Pay.
Apple Pay is supported in many countries – including the UK. To use it you must have a debit, credit, or prepaid card that has been issued from an eligible financial institution and also have an Apple device with the most up-to-date OS installed.
Setting up your payment method is simple. You go to the Wallet app on your device and set up a new card. Enter the data about your credit, debit, or prepaid card. Once it’s set up you can then pay with Apple Pay at any location where it is accepted.
Why Have Betting Sites Started Accepting Apple Pay?
In the eight years since Apple Pay was launched, it has taken over as one of the most popular payment methods and it processes more than $6 trillion annually.
It is no surprise then, that it has been widely adopted across numerous industries and consumers demand this convenient way to pay. Gambling and online bettering is no different.
Many online betting sites now allow you to pay for your wagers via Apple Pay. A growing number of major sites now accept Apple Pay and this is fantastic news for bettors. The convenience can allow you to enjoy gambling on your favourite sports from your phone, with no hassle.
Both cash deposits and withdraw winnings can be processed using ApplePay. With a single click (or tap) you can deposit money into your online betting account and you can withdraw your winnings just as fast.
Using Apple Pay to Place Deposits
Simple and fast, Apple Pay lets you deposit funds to your betting account using your mobile, in an instant. You can then place your bets on your faviourite sports, such as football, horse racing, greyhounds, and more. Transactions processed by Apple Pay are safe and protected, giving you peace of mind when placing your bets.
Is There a Deposit Or Withdrawal Limit For Apple Pay?
A common question that concerns bettors is about transaction limits – both for withdrawals and deposits. Apple Pay transactions don’t have limits. However, some stores and online retailers do set limits. For example, when shopping you may be asked to enter your pin for a transaction over £100 in the UK. Merchants and card issuers set limits for some transactions rather than Apple Pay, so you need to check the restrictions with your card issuer and with the betting site you are using.
Does Apple Pay Charge Fees?
Apple Pay does not charge fees. You will not have a fee imposed upon you when sending or receiving money via Apple Pay. However, it is possible the betting site you use may charge its own processing fees for withdrawals.
Is Apple Pay Safe?
One of the best things about Apple Pay is that it gives you complete peace of mind. It is a safe, secure, and legal payment method. Everything you do through Apple Pay is completely regulated and transaction safety is guaranteed.
Every transaction that is done through Apple Pay is also encrypted so that only you, the user, have access to your transactions. Your personal information is kept secure and will only be shared with the receiver of the transaction – i.e. the betting site where you have made your deposit.
Which Betting Sites Accept Apple Pay?
As Apple Pay has grown in popularity, many of the major betting sites in the UK now accept it as a payment method.
Some of the notable betting sites that accept Apple Pay include Bet365, Betfair, and 888 Sport. These brands are often considered innovators in the industry so it is no surprise that they have been fast to embrace this new digital payment method.
In Conclusion
Apple Pay is a secure and safe method for placing deposits and withdrawing winnings on betting sites. Many major sites now accept Apple Pay and the number continues to grow so it is likely in the next few years we will see Apple Pay become an industry standard for online betting.