Apple Pay

Smartphone-Based Chime Banking Announces Apple Pay Support

Smartphone-based banking firm Chime Banking has announced it now supports Apple Pay. The mobile payments system can be used in the U.S. by Chime customers for both in-store and in-app payments.

Image courtesy MacRumors.

MacRumors:

Chime Banking is an app that provides over 75,000 customers with FDIC-insured spending and savings accounts that are managed entirely from a smartphone.

The benefits of creating a Chime Banking account include no minimum or monthly fees, no overdrafts, personalized rewards, savings mechanisms, two-factor authentication, and no-fee ATM access at over 24,000 MoneyPass locations.

The bank has no physical locations, but customers can setup direct deposits and bill payment online, or users can make payments using their Chime card number, by providing their routing and account number to the payee. Users can also mail a check payment directly from the app.

Chime Banking customers can add their Visa debit card to Apple Pay, by doing the following:

  • iPhone users running iOS 9 can go to the Wallet app and tap the “+” icon in the upper right-hand corner to begin, and then just follow the prompts. Users of iPads with Touch ID can add a card to the service to use in apps by going into “Settings” -> “Wallet & Apple Pay” to add a card there.
  • Apple Watch users will need to enter the Watch app on their iPhone, Tap on the “Wallet & Apple Pay” option, and then tap the “Add Credit or Debit Card” option.

Chime also added a new person-to-person payment feature called Pay Friends which is available to members in the latest release of the Chime website and app. Pay Friends lets members instantly send money to over 120,000 other Chime members. Members can use Pay Friends to square up with roommates for their share of rent and utilities or split the bill when dining out without using multiple cards.

Chime Banking offers a free iOS and Apple Watch app, which is available on the App Store.

Chris Hauk

Chris is a Senior Editor at Mactrast. He lives somewhere in the deep Southern part of America, and yes, he has to pump in both sunshine and the Internet.