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Apple Cash / send money via Apple Pay
- Thread starter lancastor
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Don't think it's being released until the official launch of iOS 11, even then it will be restricted to the USA. Such a shame as it's what I have anticipated the most from this years WWDC. Hopefully the UK won't be too far behind.
I'm really interested in knowing if they will be charging the sender or the receiver for the money. I saw that part of the process is to store the money in an Apple Pay card/account - maybe earning the interest from it alone is enough, but who knows? I would totally ditch Square and Venmo if this works w/o fees.
On the website it is only previewed on the USA website and even has a note saying it is USA only.
That's so strange, I could've sworn he named 3 countries and Apple Pay is already fairly widespread in the UK.
I don't think there will be any fees for Apple Cash, unless you use a credit card instead of debit. I think they are trying to increase people's use of Apple Pay and this will be a nice bonus. I hope it works even if your bank does not support Apple Cash, and just allows people to have the money on their Apple Pay Card for use with Apple Pay.
I think you are confusing it with the HomePod, which Apple said will be available first in the US, UK, and Australia in December.
Perhaps – if so my apologies for any confusion.
I still don't believe this will be a US exclusive though, there is too much upside for Apple with this new feature.
I could even see myself using it as many of my family and friends own iPhones so this could be easier than using online banking for transfers.
Even if it is initially launched as US only, I suspect other countries where Apple Pay is prevalent will quickly follow suit.