I have a New York Times subscription that renews on the 11th of each month through Apple Pay. It is now the 13th, and the payment is still pending. I recently changed the default card on Apple Pay. I haven’t gotten an email receipt. Can someone please help me figure this out? Is this a Capital One issue?
iPhone SE, iOS 18
Are you confusing Apple Pay with your Apple Account? Changing the default card in your Wallet would have no bearing on a subscription using Apple Pay. Changing the default card for your Apple Account changes the card being billed.
A pending charge shows as soon as the merchant charges the payment method (card). But the merchant still needs to close the batch before the charge finalizes. Some merchants do it daily, however, some wait several days (up to 5 days) to finalize a batch.
Why? Merchants are charged a processing fee by their credit card processor. A small transaction amount is eaten up fees. If the bundle the transactions and submit as a bundle the merchant reduces the fees charged.
Apple does this on iTunes for instance. Image a 25¢ fee and sales fee on a 99¢ charge. The credit card company makes more than the merchant. Thus they bundle small transactions.
I guess I was confusing them, Jeff, and thank you for clearing that up for me. The card on my Apple Account is the same as it’s always been, which still makes me wonder why the charge hasn’t yet gone through as it always has, on the 11th.
Why is my NYT Games/Apple Wallet payment still pending?
