Does Android/Apple Pay update Available Balance Instantly(unlike contactless)?

CSlate_2 · 7 July 2017 at 9:07PM

Hi, I just found out that contactless payments can take up to 4 days to show on you Available Balance!!!

I always check my Available balance, since it tells me how much money I have right now(or so I thought), and for a while have wondered how it seems to just go down without me buying anything on that day.

So I'm never using contactless again, since it messes up my Available Balance, and I have no idea how much money I have.

How about Android Pay? Does it show on my Available balance immediately, or will it also take up to 4 days to show?

How about Apple Pay?
I've got an Android phone, and my girlfriend has an iPhone.

EDIT: Made the title more descriptive to catch your beautiful eyes

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Dandytf · 7 July 2017 at 9:16PM

cannot say for certain though I find Apple pay instant with a receipt

maybe different banks and retailers can vary timescales to debit as does paying by visa debit

ThemeOne · 7 July 2017 at 9:18PM

I find purchases made with Apple Pay often don't show up on my bank statement for a few days

DCFC79 · 7 July 2017 at 9:19PM

For me, a payment I made using Android pay for petrol on 5/7 was on my TSB statement on 7/07.

CSlate_2 · 7 July 2017 at 9:28PM

Thanks for the replies. I'm still curious, and will probably ave to test it myself?

And there may be some confusion by what I mean.

I don't mean how long it takes to show on my account statement, since that takes forever for everything lol.
I just mean my available balance.
Contactless can take 4 days to register on your available balance, so you can think you've got £23, and then magically have £-5!!

DCFC79 · 7 July 2017 at 9:32PM

CSlate wrote: »

Thanks for the replies. I'm still curious, and will probably ave to test it myself?

And there may be some confusion by what I mean.

I don't mean how long it takes to show on my account statement, since that takes forever for everything lol.
I just mean my available balance.
Contactless can take 4 days to register on your available balance, so you can think you've got £23, and then magically have £-5!!

Ah my bad.

Use a spreadsheet to keep track of what you have spent.

colsten · 7 July 2017 at 9:46PM

You cannot rely on your bank account to reliably show you how much money you have available. It will only be able to show your card purchases after the retailer has reported your purchases to your bank, and that is not always instant. Your available balance will also never show which DDs and SOs are about to be taken.

To budget, you need to keep a separate record yourself of all your existing spend as well as all your committed spend. There are various ways to achieve that - a budgeting app like YNAB might help but you can also use pen and paper, or anything in between. People who find it difficult to manage their card spending have also reverted to cash, and have cut up their cards. Bottom line is that you need to manage your budget.

System · 8 July 2017 at 2:16AM

Android pay is online, not sure about Apple though.

If you want online contactless, get a debit MasterCard as both of mine always go online. My Visa debit cards are often offline (in the same locations)

Anthorn · 8 July 2017 at 11:15AM

Apple Pay provide an instant notification of a transaction which sometimes appear on my Mobile Phone before it shows as accepted on the terminal. Slow terminals sometimes cause confusion and disagreement with checkout operators who say something like, "Something's gone wrong. Oh it's gone through now." Where I live that's Aldi.

Apple Pay cannot show the balance of your bank / credit card account because it's not in Apple Pay, it's at your card issuer.

datlex · 8 July 2017 at 11:28AM

CSlate wrote: »

Hi, I just found out that contactless payments can take up to 4 days to show on you Available Balance!!!
I always check my Available balance, since it tells me how much money I have right now(or so I thought), and for a while have wondered how it seems to just go down without me buying anything on that day.

So I'm never using contactless again, since it messes up my Available Balance, and I have no idea how much money I have.

.

This is the same reason I stopped using them. I tend to use a rewards card, which show the payments up straight away. I do know that when it comes to Tesco and using their payment app it shows up straight away in my pending payments. Same with Greggs when I top up it shows up straight away.

20aday · 8 July 2017 at 2:44PM

I use Apple Pay with Lloyds Bank and it shows up as 'pending' when using their online banking system (regardless of the amount spent) whereas with contactless most transactions <£15 don't show up.

The same goes with my Barclaycard Platinum too.

Does Android/Apple Pay update Available Balance Instantly(unlike contactless)?

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