Apple Pay limit for USA debated

By Peter Chubb - Oct 20, 2014

Apple Pay is set to launch in the U.S. today and some of the best experts in the field have already highlighted the potential of this new payment service. However, there are some skeptics out there who are not too sure about the security of Apple’s new contactless payment service, and also whether enough retailers and banks will support the service. Having said that, there is already great support, and that number is climbing all the time.

One of the most requested questions is what is the Apple Pay limit for USA, and the simple answer is, there isn’t one, just as it is with contactless payment cards. There has been a huge debate in the past with no spend limit, especially as using a debit or credit card is not secure, as anyone can steal your card and then spend on it.

Apple Pay spend limit

Consumers in the USA have debated the whole Apple Pay limit, and while you would assume it is far safer than just a card, there is more to it than that. We have seen a huge response from Apple fans since Apple Pay was announced who are in support of having no spend limit still, especially seeing as though using the new payment service requires a new level of security, and that is using your fingerprint at the same time via Touch ID.

It is this key feature that makes Apple Pay far safer, and so reducing the need for a spend limit. However, what of Apple’s Watch, as there will be no fingerprint needed, just two taps of the button menthe the dial? Some people would say this is not safe and so just as much chance of being stolen and used to pay for items like a contactless credit or debit card. Having said that, paying with an Apple Watch cannot be done on its own, as it needs to be connected to an iPhone, the same one that has your payment information on, and so it is still very safe.

We can understand why people in the USA would debate the Apple Pay limit, but it is far safer than any other payment service out there, and now we can only hope that the UK lifts the limit on contactless payments, as it is set at just £20 per transaction (around $32), which is ridiculous.

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Also See: Apple Pay at Walmart setback with new service today

Apple Pay limit for USA debated