Detected feature Apple Pay Cash for the first time in the Conference of Apple’s annual developers WWDC 2017 as an alternative to services like PayPal and Venmo. In theory, it allows you to send money via the app iMessages to someone, will the other party have account in Apple Pay. In fact, it can be used to pay the rent, bills, reminders, and food to someone close, otherwise it will get the money in cash.
Having said that, Apple has now published four videos promotional short on YouTube under the name “Just text them the money”, which is placed over the ease of payment and receiving anything between $ 15 and $ 700.
The advantage of Apple Pay Cash available in the United States since the launch of the iOS update 11.2 in the month of December last year. Developed with the assistance of the Greendot Bank and allow you to essentially make money transfers directly without a fee. However, the final delivery that there are some fees, like 3% of the amount transferred, if you used a credit card or if the dealer outside of the United States of America.
Not working Apple Pay Cash with all the prepaid cards and you can use credit card to pump cash into the debit card. Now, if you have culture of financial suitable do not have to do it, but it seems that a lot of people have tried that already, and on the Apple to indicate the restrictions. Furthermore, this feature lacks the ability to transfer funds from gift cards to Apple Pay Cash.
Is added to Apple Pay Cash by applying Wallet. You need to follow a series of steps for activation, once you have it become free in send money to others via iMessage.
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