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by kalleboo 1496 days ago
- Apple Wallet is an e-wallet that can contain many things - payment cards, store point cards, plane tickets, concert tickets, vaccine certificates, driver's license, etc.

- Apple Pay is a method to pay using the payment cards in your Wallet in stores and online that is supported by many credit/debit cards

- Apple Card is a MasterCard credit card

- Apple Cash is an bank account with a VISA debit card. This is inline with other similar services like the popular "Cash app"

Compared to other confusing naming schemes (Apple TV/+, and absolutely anything Google does) this seems pretty straightforward to me.

1 comments

Interesting, this comment is the first I've learned/noticed that Apple Cash switched to the Visa network. As an Apple Cash user for some time (via the Apple Card and its Daily Cash), previously the Apple Cash card was on the Discover network and that limited its usefulness somewhat because Discover as a network is accepted by a lot fewer vendors than the top 2 of Visa/Mastercard. It's nice to know that it switched to the more common network.

(Also a neat part of a virtual card: checking in the Apple Wallet I can see that the card already switched numbers/networks for me. I don't need to wait for a replacement card. If not for this comment I wouldn't have even thought to check if it had switched, just transparent in the background. I probably got an email on it I ignored if I had wanted to know sooner, but there are so many emails.)

I don't believe they have done transparent migration yet; new accounts are just Visa Debit. You can of course deactivate and reactivate Apple Cash, which will create a new Visa-network-backed number.
Anecdata of course, but like I said, my existing Apple Cash already switched transparently at some point according to the Apple Wallet app.