PayPal debit and credit cardholders can now integrate their cards into the Apple Wallet app, making them accessible for use with Apple Pay. The process is straightforward and can be accomplished in two ways.
Firstly, you can open the iOS PayPal app and find the conspicuous “Pay with your iPhone” banner on the homepage. By tapping this banner, you will be redirected to the Apple Wallet app, where you can conveniently add your PayPal debit or credit cards.
Alternatively, you can add your PayPal cards to your Apple Wallet by opening the app and selecting the plus icon in the display’s upper right corner. Follow the step-by-step instructions to integrate either your PayPal credit card, PayPal debit card, or both into your Wallet app. Once added, you can choose which PayPal card to use for transactions when using Apple Pay.
It’s important to note that Apple retains a small fee of 0.15% of the transaction value, equating to 15 cents for every $100 spent using Apple Pay.
Interestingly, Venmo, a subsidiary of PayPal, is also expected to introduce Apple Pay support for its Venmo credit and debit cards, although this feature has yet to be implemented.
This development coincides with Apple’s recent promotion of its Apple Pay service by releasing several promotional videos. According to analysts, Apple Pay could generate up to $4 billion in revenue this year, solidifying its position as the fifth most widely used payment method globally, trailing only behind PayPal, Visa, Mastercard, and American Express.
