Apple Pay Cash rolls out alongside peer-to-peer payments

06 December, 2017, 01:01 | Author: Randy Kelley
  • Apple releases iOS 11.2 and er breaks Face ID on iPhone X handsets

Venmo and Square Cash are already popular for people to quickly sending cash to each other and have, until now, been available on the iPhone without any competition from Apple. It also offers new features for the iPhone 8, iPhone 8 Plus and iPhone X.

Apple has released iOS 11.2 update with support for Apple Pay Cash and enhanced wireless charging. Apple had planned on pushing out iOS 11.2 some time this week, and only because of the bug did it have to release the new build early.

The Cupertino-based tech giant had pushed ahead of the launch date of the iOS 11.2 after the date bug plagued the iPhone and iPad devices, which ultimately led to crashing on December 2 at 12.15 AM. As for when Apple Pay Cash will land in Canada, your guess is as good as mine. The service lets you send, receive, and request money from friends through iMessage.

Money received from Apple Pay Cash is stored within Wallet on iPhone.

Apple Pay Cash: What Is It?

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Before proceeding to download the update, you need to charge the device completely and also establish connectivity with Wi-Fi.

You can set up Apple Pay Cash in the Wallet & Apple Pay area inside the Settings app.

You can use Apple Pay Cash right away, but to prevent future issues and for a smoother experience, it's best to verify your identity with Apple right away.

While our American neighbours have all the fun with Apple Pay Cash, Canadians can only dream of the feature landing here. If you use a credit card, there is a 3% fee on each transaction, which can be avoided altogether by using a debit card. You also have to confirm your legal name and address. You can use it to send and receive money in the Messages app. It's presently rolling out in phases to users of the latest iOS beta, so you may not immediately be able to try it.

When entering your bank account information, you need to input your account number and routing number so that you can link your Pay Cash account to your bank account.

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