Can I Buy a Prepaid Card with Apple Pay?
Apple Pay is a popular way to make payments on your iPhone, iPad, Mac, and Apple Watch. But can you use it to buy a prepaid card?
Types of Prepaid Cards
Prepaid cards offer several features customers prefer; they come in many varieties and can be used for a variety of purposes. These include:
- General purpose cards, issued by banks, retailers, or networks such as Visa and Mastercard, can be used for almost any transaction, including purchases at stores, online, and even cash withdrawals.
- Store cards are often specific to a single retailer or group of retailers.
- Gift cards are usually available in a set purchase amount and are sometimes valid only at specific retailers.
Buying Prepaid Cards with Apple Pay
Unfortunately, Apple Pay does not support buying a prepaid card. This means that you cannot use Apple Pay to purchase a general-purpose prepaid card, store card, or gift card from a retailer.
The same is true for online purchases as well; you cannot use Apple Pay to purchase a prepaid card from an online retailer.
How to Buy a Prepaid Card With Apple Pay
The only way to buy a prepaid card with Apple Pay is by going through a third-party provider. There are a few providers that offer prepaid cards that can be purchased with Apple Pay.
These providers include Simplex, BitPay, and Pockit. Simplex and BitPay are digital currency exchanges, and Pockit is a financial services provider. The cards they offer can be used for general purpose spending, or to purchase digital currencies like Bitcoin.
Conclusion
It is not possible to use Apple Pay to purchase a prepaid card directly from a retailer. However, there are third-party providers that offer prepaid cards that can be purchased with Apple Pay. These cards can then be used for general purpose spending or to purchase digital currencies like Bitcoin.