Apple has started the official roll-out of Apple Pay Cash for iPhones and iPads. Apple Pay Cash lets the apple users pay to their friends, at stores or for in-app purchases using a virtual debit card. This service will be available on the compatible devices and users can start using it immediately, wherever it is accepted.
Apple Pay Cash was first teased at Apple’s developer conference this year in June. Since then, a lot has been talked about this feature and the fans expected an official roll-out with the launch of iOS 11. However, Apple could not launch it with the official roll-out due to some testing delays. Last month, the company started to roll-out the feature unofficially for beta users of iOS 11.2 and starting today, the feature seems to be available to all the users who are using iOS 11.2
Apple Pay Cash will be integrated with iMessage and Siri. iOS will prompt an Apple Pay sign wherever it located a dollar symbol. It will also have an option in the Messages app and customers can pay to their friends, at stores or for various purchases within iOS store using voice commands with Siri. Currently, the feature is available only for United States customers. So if you have your iPhone registered at a location other than the US, the feature won’t show up for you on the device.
Apple Pay Cash will be free for debit card users or for the users using a virtual debit card. If you are paying using your credit card, there will be an additional 3% fee for the paid amount. Also, for the individual payments, Apple has capped the transaction at $3,000.
Once a payment is received, the same is assigned to the virtual debit card allocated to every user. The amount can then be used to either make purchases, to transfer money or to remit back to the bank account.
iOS 11.2 or later will be required for Apple Pay Cash to work. Also, in case of Apple watch, you’d be required to be using WatchOS 4.2 or later.