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René Bennett | (TNS) Bankrate.com If you’re an iPhone user, you might not realize that you already have access to Apple Cash. It’s a digital cash card that’s built into Apple devices and can be found in the default Wallet app. (Note: You must link an eligible debit card to use this service.) The main function of Apple Cash is to make it easier for Apple device users to send money to one another, including sending money through the iMessage app. But Apple Cash is more than just a peer-to-peer (P2P) payment service — it can be used to shop online, in stores or to make in-app purchases. Apple Cash is a convenient way to transfer money between friends and family. Once it’s set up, a user can simply open the iMessage app and send money to a contact through their chat. It’s also useful for those who use Apple Pay, a separate service that allows Apple device users to make contactless payments with any linked card, including an Apple Cash card. Here are some important things to know about setting up and using Apple Cash. How Apple Cash works Apple Cash is a digital cash card that’s stored in the Wallet app of Apple devices, and it can be used for making P2P payments, as well as purchases through Apple Pay. When you receive money from another Apple Cash user, that money appears in your Apple Cash balance. The balance can then be spent or transferred to a linked bank account or debit card. Sending money to peers with Apple Cash can be done either directly from the digital Apple Cash card (in the Wallet app) or through the iMessage app. You can send or receive anywhere between $1 and $10,000 per message. The money shows up on the recipient’s Apple Cash card instantly, but it may take from one to three days for the balance to be transferred to a bank account. Instant transfers to a bank account are possible, but it comes with a 1.5% fee. There’s also an option to set up Apple Cash Family for children who are under 18 years old. This option limits the amount a child can send to $2,000 per message. Those younger than 18 also cannot add money to their Apple Cash card from a bank account; rather, their balance only grows when they receive money from another Apple Cash user. Difference between Apple Cash and Apple Pay Apple Cash is a digital card within your Wallet that allows you to spend your Apple Cash online, in stores and in apps as well send and receive money. Apple Pay, however, allows you to make purchases using any credit card or debit card you have stored in your Wallet — including Apple Cash. With Apple Pay, you add credit and debit cards to your Wallet and then have the ability to pay right with your phone (or other Apple product). How to use Apple Cash 1. Set up Apple Cash with a compatible device To set up Apple Cash, you’ll need three things: —A compatible Apple device. —Two-factor authentication enabled for your Apple ID (this can be done in Settings). —An eligible debit card to load funds onto the Apple Cash card. In the Settings app, you can turn on Apple Cash in the Wallet and Apple Pay section. Tap on the Apple Cash card icon and follow the instructions on the screen. You’ll be asked to agree to the terms and conditions, after which your device will set up Apple Cash for you. The Apple Cash card, once set up, can be found in your device’s Wallet app. If you want to set up Apple Cash Family, you’ll first need to have Family Sharing turned on, which can be done in Settings. The family organizer can add children to Apple Cash in the Family Sharing section of Settings. 2. Add money to your card You’ll need to have a debit card linked to your digital Wallet to add money to an Apple Cash card. You can add a debit card to Wallet in the same place where you set up Apple Cash — the Wallet and Apple Pay section of Settings. Once a debit card is linked to your Wallet, open Wallet and tap on the Apple Cash card. Then, tap the More button (an icon with three dots). This will open a page where you can see your Apple Cash balance, add money and transfer funds to a bank account. Tap Add Money and enter the amount you’d like to add (the minimum is $10). You’ll be asked to confirm which debit card you want to use to fund the Apple Cash balance, and then the money is added to the Apple Cash card. 3. Send a payment There are two ways to send a payment to someone using Apple Cash: directly from your Wallet or in the iMessage app. Both the sender and recipient need Apple Cash to send or receive money. From your Apple Wallet To send money from Wallet, simply tap the Apple Cash card in Wallet and then tap Send. Type in the contact name or phone number of the recipient. Enter the amount you’d like to send (between $1 and $10,000), then review the payment and confirm it with Face ID, Touch ID or a passcode. Via iMessages In iMessage, open the conversation with who you’d like to send money to, or start a new one. Tap on the app button, which appears next to the type bar, and then tap on the Apple Cash icon. You’ll be prompted to enter an amount (between $1 and $10,000). Once you’ve reviewed the amount, tap Send and confirm with Face ID, Touch ID or a passcode. The first time money is sent to someone, the recipient will need to accept the payment within seven days for it to go through. After the first instance, payments are automatically accepted. If you’re using Apple Cash to make a purchase either online or in a store, you’ll need to pay using Apple Pay. 4. Request money To request money from your iPhone, open the conversation in the Messages app. Tap the plus icon, followed by Apple Cash. Then, tap Request. Tap the send button to send your payment request. Once the request is sent, the person you sent it to can confirm or change the amount they send to you. You can also request money from your Apple watch. Open your messages app, choose a conversation, tap the plus icon and then choose Apple Cash. Once you enter the amount you are requesting, swipe left on the Send button. Tap Request. 5. Transfer your balance to a bank account As you start to accumulate money on the Apple Cash card, you may want to move it to a debit card or a bank account . This can be done by going to the same place where you added funds to the card, by clicking the icon with three dots next to your digital card. Enter an amount to be transferred, then tap Next. You’ll be asked whether you want to do an instant transfer (for a 1.5% fee) or a transfer in one to three business days for free. After making a selection, the screen will instruct you to set up a bank account if you don’t already have one set up. You’ll confirm the payment, and the transfer is initiated. Instant transfers can only be made to an eligible debit card, not a bank account. Money is sent within 30 minutes when you select instant transfer. Alternatives to Apple Cash —Zelle: If your bank is offers Zelle, it might be a good idea to take advantage of the P2P payment service. Zelle can be accessed directly from your bank’s mobile app, and it allows you to send instant transfers at no extra cost. —Venmo: Anyone can use Venmo, as long as they’ve downloaded the app. Unlike Apple Cash or Zelle, it’s a standalone P2P payment app. Venmo comes with a social element — users can follow each other and add fun emojis to their payments, although they can also keep their account activity private. —PayPal: This P2P payment service is a good option if you want to send money internationally. It also offers a PayPal Debit card, which, like the Apple Cash card, can be used to make purchases online or in stores. —Samsung Pay Cash: Samsung device users can use this option instead of Apple Cash. Similar to Apple Cash, it is a digital wallet that you can access from a Samsung mobile device. However, to take full advantage of Samsung Pay Cash, users will need to undergo an extra registration process to upgrade to a Full Card Account. Bottom line Apple Cash makes it easy for Apple device users to send money to each other. Users can simply tap the Apple Cash icon in their text messages to send money through iMessage. It can also be used as an extra repository for spending money and can be used for purchases anywhere Apple Pay is accepted. With that said, only Apple device users can send and receive money using Apple Cash, so those looking for a more universal payment service may want to consider other P2P payment apps . ©2024 Bankrate.com. Distributed by Tribune Content Agency, LLC.Rutgers looks to pick up steam in clash vs. Seton Hall
Rutgers looks to pick up steam in clash vs. Seton HallFARGO, N.D. (AP) — Jacksen Moni's 25 points helped North Dakota State defeat Wisconsin-Stout 91-62 on Friday for its sixth straight win. Moni shot 9 for 13 (4 for 6 from 3-point range) and 3 of 4 from the free-throw line for the Bison (9-4). Treyson Anderson scored eight points and added seven rebounds. Darik Dissette shot 3 of 3 from the field to finish with eight points. Carson Hoffman led the Blue Devils in scoring, finishing with 11 points. Justin Nelson added nine points and Dominic Croci recorded eight points. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .
Spain finds itself at the heart of a growing labour market conundrum. Despite an unemployment rate of 11.2% and over 2.5 million people seeking work, the country faces a record-breaking number of unfilled jobs. Experts warn that unless structural changes are implemented, this mismatch could have dire consequences for Spain’s economy. Spain’s job vacancies surge to record highs in 2024 Labour market analysts project that the number of unfilled positions in Spain will reach 153,000 by the third quarter of 2024—a 4.3% increase compared to the previous year. In 2023, the figure stood at 148,000, marking a 50% surge since 2019 when there were just over 100,000 vacancies. Most Read on Euro Weekly News Second major blaze in same day, Costa del Sol Fuengirola, Benalmadena and Mijas collapsed by accident on A7 Waterpark in flames, Torremolinos Despite this dramatic rise, Spain’s vacancy rate remains the lowest in the EU at 0.9%, significantly lagging behind the European average of 2.6%. However, the problem is far from superficial. Recruitment challenges are hitting critical sectors, particularly hospitality, transportation, and healthcare, where shortages of workers such as waiters, drivers, and nurses are jeopardising business operations and public services. Key reasons behind Spain’s rising job vacancies Skills mismatches : Many unemployed workers lack the qualifications required for available roles. Unattractive positions : Jobs with low pay, tough conditions, or instability struggle to attract applicants. Demographic shifts : An ageing workforce means fewer younger workers are entering demanding professions. Economic Fallout : What Does It Mean for Spain’s Future? The labour shortage is not just a numbers issue—it’s an economic one. In 2023 alone, the 148,000 unfilled vacancies are estimated to have cost the Spanish economy over €8 billion in lost GDP. This figure could triple if the trend continues unchecked, threatening Spain’s economic stability amid rapid demographic ageing. Key sectors, such as construction, transport, and hospitality, are particularly vulnerable. Employers report struggles to find qualified staff, forcing many businesses to scale back operations or reject new contracts. Spain’s strategy: Immigration reforms to tackle workforce gaps Faced with this mounting crisis, the Spanish government is stepping in with reforms aimed at easing labour shortages. Among the most notable measures is an overhaul of immigration laws, designed to bring up to 900,000 foreign workers into the labour force by 2026. Key initiatives include: Simplified visa procedures for foreign jobseekers. Extended job search permits for immigrants already in Spain. Support for training programs to upskill the domestic workforce. These measures not only aim to tackle staff shortages but also ensure the sustainability of Spain’s social security system. Foreign workers’ contributions are critical, particularly as Spain’s pension demands surge with retiring baby boomers. Spain’s vacancy crisis exposes deeper structural flaws in its labour market, from ageing demographics to a misalignment between skills and job requirements. While government efforts to attract foreign talent and modernise immigration laws are promising, they may not be enough to address the root causes. The challenge ahead is clear: bridging the gap between unfilled jobs and a workforce in need of opportunities. Failure to do so risks not only economic stagnation but also a long-term erosion of Spain’s global competitiveness. Find more news about SpainWorkhorse Group Inc. stock remains steady Thursday, still outperforms marketDays after suggesting that First Lady Jill Biden engaged in “heavy-duty petting” with Donald Trump because of her “fondness for power,” Larry Kudlow broke out his rendition of what’s become known as the “Trump dance” during a live Fox News segment. The Fox Business host, who previously served as Trump’s chief economic adviser , busted a move while gushing over the president-elect’s policy proposals and his selection of Elon Musk and Vivek Ramaswamy to lead a government efficiency commission, colloquially calling them the “DOGE brothers.” Sitting down with Fox News anchor Sandra Smith on Friday afternoon, Kudlow claimed that the economy has been “rejuvenated” and “people feel liberated” after the election because Trump has promised to cut regulations. “The DOGE brothers, Elon and Vivek, are going to go after the regulatory state,” he declared. “Trump will cut taxes – he will extend the tax cuts and put some new ones up. People can’t wait for that. The stock market is soaring.” Continuing to praise the “DOGE brothers” for being “on the right track” when it comes to slashing federal spending, Kudlow called them “great” before joking that “they don’t dance as well as The Blues Brothers.” After applauding Trump’s recent promise to expedite and waive environmental regulations for investors who spend at least a billion dollars, Kudlow said the “enviros and the lefties will sue him, and it won’t matter” because the lawsuits will be tied up in the courts for years. “He’s a can-do guy, and don’t forget among his many skills, he was a successful businessman,” Kudlow exclaimed. Smith and Kudlow bantered some more about the “optimism” among business leaders about Trump’s return to office. Kudlow insisted that “the DOGE brothers are going to deliver,” sparking Smith to laugh and the former Trump adviser to start gyrating in his chair. “Are you doing the Trump dance, Larry?! Oh, wow, look at you go!” Smith exclaimed, referencing the president-elect’s trademarked bop that he made famous on the campaign trail, typically to The Village People’s “YMCA.” “I save my best stuff for you,” the 77-year-old business host responded. The dance, which the New York Times described as an “ungainly series of hip-swivels and fist-pumps, not unlike the movements of an automaton gaining sentience,” has taken the sports world by storm since Trump’s electoral victory last month. And while it has become all the rage among conservatives as something of a spiking of the football over the election results, Trump’s own family members don’t seem all that impressed with it. Soon-to-be First Lady Melania Trump admitted last week that she’s never done the dance, while Trump’s son Barron appeared embarrassed when his father and Musk shook a leg on Thanksgiving.
AP Business SummaryBrief at 4:51 p.m. EST
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