Apple Announces 'Tap to Pay' Feature Allowing iPhones to Accept Contactless Payments Without Additional Hardware

[jaytv111]

Can I send money like say Venmo to friends via Apple Pay? Do you need a Apple CC to accpe that or just an icloud account? I feel that it's not as widely used?

Just played around it a bit, it looks like I need to add a debit card to add money into Apple Cash? Seems weird, Venmo I can just pull directly from bank account. Maybe I'm missing something.

Debit for taking money out of an account (has to be in Apple Pay). ACH transfer for getting money back into an account. That system keeps you from claiming ownership of random bank accounts and instead relies on Apple Pay security to secure the bank withdrawal part of it.

 

[aajeevlin]

Debit for taking money out of an account (has to be in Apple Pay). ACH transfer for getting money back into an account. That system keeps you from claiming ownership of random bank accounts and instead relies on Apple Pay security to secure the bank withdrawal part of it.

I see. I guess I need to go dig out my debit card. It’s been years.

 

[Simmias]

This is great news. The roll out of Apple Pay to mom & pop businesses in downtown Austin has been painfully slow. Many finally stated to accept tap to pay during COVID, but there are still quite a few hold outs that only take credit cards. Now that they don’t even need a square reader, there’s really no excuse not to accept Apple Pay.

 

[anilutkulu]

this thing will be used by banks directly as well
feature will help them to provide pos service with ease