Sunday, 17 December, 2017

Apple Pay Cash comes to the US

iPhone X Face ID Crashes After New Update Apple Watch gets watchOS 4.2 update with Pay Cash support and more
Stacy Diaz | 07 December, 2017, 01:50

Those delays-presumably coupled with lagging demand for the iPhone 8 by users anxious to pick up Apple's latest phone-enabled Android to increase its market share by 4.3% in the five biggest European markets, 8.2% in the United States and 7.5% in Japan during the three months ending October 2017. Users can use that money to send funds to contacts, make purchases in stores or online, or users can transfer the money to their bank account.

In order to bring the Apple Pay Cash debit card to life, Apple has utilized credit card provider Discover, whose Discover Network debit services power the virtual tap-to-pay card for money transfers and in-store purchases. The recipient doesn't even need to have Apple Pay setup on their device first. But since Apple Pay Cash transactions happen on Messages, you might presume it's only limited to iPhones and iPads. If they choose to set up the service later, users can go to Settings Wallet & Apple Pay Apple Pay Cash and follow the instructions. And since there's no Touch ID, much less Face ID, you'll have to key in your passcode the old-fashioned way. Payments are not available in group chats on iMessage.

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Because Apple was forced to roll out iOS 11.2 early, it's got no other choice but to also activate Apply Pay Cash for users, finally allowing them to make peer-to-peer payments via Apple Pay. If you are adding cash, there is a minimum of $10 per transaction. Apple Pay, of course, has been available from the original Watch back in 2015, before receiving a wider rollout over the past couple of years. You can not add more than $10,000 over a 7-day period.

But despite the delays, it's here now, and it's a significant evolution of Apple Pay, if only for the fact that it directly takes on Google Wallet's and Venmo's peer-to-peer payments feature. You can not add more than $3,000 per day.

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