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End clients with TD Ameritrade brokerage accounts now have access to instantaneous funding, via Apple Pay, for their investing accounts, according to the company. A similar funding method for advisors could be forthcoming, confirmed a company spokesperson.
Individual investors can use Apple Business Chat on the Messages app of their iPhones and iPads to fund linked TD Ameritrade brokerage accounts via Apple Pay, giving customers instant access to their funds. The Apple Pay funding works with a debit card stored in a customer's digital wallet and allows transfers of up to $10,000 a day. “Incredibly, the way we fund brokerage accounts hadn’t changed in the last...