iPhone users are the target of a new scam. The quickly spreading threat, detailed in a warning from data research site Consumer Affairs, uses messages — including fake “Apple Pay fraud alerts” — and ... Yes — you can use Apple Pay at an ATM — but only at machines that support contactless or cardless withdrawals.

Understanding the Context

Instead of inserting your debit card, you tap your iPhone or Apple Watch at the ATM’s NFC ... Forbes: Apple Warns All iPhone Users—Do Not Answer These Calls And Texts The Financial Express: Apple Pay scam targeting iPhones spreads fast: Experts warn of major financial risk Apple Pay scam targeting iPhones spreads fast: Experts warn of major financial risk Apple Pay is Apple’s mobile payments solution that allows users to seamlessly use their phone to pay for purchases both in retail stores, apps, and the web. The service was first introduced in 2014 ... In one of the reported cases, a victim received a text about a suspicious Apple Pay charge and called the number.

Key Insights

The scammer persuaded her to withdraw $15,000 from her bank. The Apple Card has more going for it than just cash back, with a few standout perks that should make it particularly appealing to Apple users.