Is Apple Pay accepted anywhere?
Is Apple Pay accepted anywhere? Apple Pay works anywhere that takes contactless payments — from vending machines and grocery stores to taxis and subway stations. In apps and online. Use Apple Pay for purchases in Safari on your iPhone, iPad, or Mac.
Is Apple Pay reported to IRS?
Regular users of P2P payment platforms will receive a 1099-K which must be reported to the IRS. It is important to note, even if the P2P does not issue the 1099-K you must still report for income tax purposes all transactions for goods and services over the $600 threshold as income.
Does Apple Pay charge a fee?
Apple does not charge any fees when you pay with Apple Pay — in stores, online, or in apps.
What is the difference between Apple Pay and Apple cash?
In a nutshell, here are the differences between these three Apple offerings: Apple Pay: The system in your iPhone that makes digital payments possible. Apple Card: A digital and physical credit card. Apple Cash: Like a prepaid debit card in your Apple Wallet that allows you to send and receive money.