My card expired. How do I update my expiration and new cvv in Apple Pay?
My card expired. How do I update Apple Pay with the new expiration date and CVV code?
iPhone XS Max
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I have never had to update that information in Apple Pay; my cards have always updated automatically. See the following from Manage the cards that you use with Apple Pay - Apple Support
While you can't change your card number or expiration date, it should update automatically when you get a new card. If your issuer doesn't support updates, you might need to remove the card, then add it again.