Yesterday, Apple announced easy quick and secure way to send and receive money from friends and family. Apple Pay now lets you send and receive money in the US. Apple Pay has become the simplest and most convenient way to make payments in the store and online payments. Apple users can now send and receive money right away. iMessage has been popular among the iPhone users and now they can get paid within daily conversations, or just by asking Siri to pay someone.
They can use the debit and credit cards, so no need for an extra app or account. When you get paid, the money is added to the Apple Pay Cash Card which resides in the Wallet app. You can use the money instantly to pay someone or make purchases using Apple Pay in stores, apps or on the web. You can also choose to transfer it from Apple Pay Cash to the bank account. iOS 11.2 is available and is required to make person to person payments and use Apply Pay Cash on iPhone and iPad. Those who have already updated their iPhones can restart the devices and begin sending and receiving money from friends and family. watchOS 4.2 will be provided for Apple Watch as an update and you can begin sending and receiving from right from your Apple Watch. You can also view their transaction history, including person to person payments as well as purchases made in the stores , app and websites with Apple Pay cash, right in the Wallet.