Apple Starting To Roll Out Apple Pay Cash For iOS 11.2 Users In The US (Updated)

Apple today starting roll out Apple Pay Cash in the United States, so it can be used by the compatible iOS devices’ owners who have iOS 11....

Apple today starting roll out Apple Pay Cash in the United States, so it can be used by the compatible iOS devices’ owners who have iOS 11.2 installed. Because of Apple Pay Cash is just now made available for users, so it may take a bit of time before it's fully functional and available for everyone.

The new feature was originally announced back in June at Apple’s worldwide developer conference, but the feature missed the initial iOS 11 launch in September. Developer and public beta testers gained access to new feature in iOS 11.2 beta last month, and today marks the official launch.

Apple Pay Cash - Apple's new peer-to-peer payments service, designed to allow for quick person-to-person money transfers, much like Square Cash or Venmo. Unfortunately, The service is currently only limited to the United States.

By using Apple Pay Cash, you can send and receive money through iMessage conversations using the Messages app. Cash is sent from a linked debit or credit card, while received cash is stored in an Apple Pay Cash card in the Wallet app and can be used for purchases or transferred to a bank account.

It's worth to noted that payments made from a credit card carry the industry standard 3% fee. There’s also a $3,000 limit on individual payments. Apple Pay Cash for iPhone and iPad requires iOS 11.2 or later. Apple Watch also works with Apple Pay Cash on watchOS 4.2 or later.

Update: Apple today officially announced its customers in the US can now use Apple Pay to send and receive money with friends and family quickly, easily and securely. The feature is available on iPhone, iPad and Apple Watch within Messages app.

Via MacRumors And 9to5Mac, Image Credit Macworld