Apple Pay Cash

Discussion in 'iOS 11' started by ssong, Jun 5, 2017.

  1. ssong macrumors 6502a


    May 3, 2015
    London, UK
    So it seems that whatever money is sent through Apple Pay is kept in a separate account with Apple Pay as 'Apple Pay Cash' (this was highlighted in the watchOS 4 preview site).

    Just wondering what the bigger implication of this is? Surely this can be interpreted as Apple testing the waters to entering consumer banking? I mean Apple Pay Cash in effect becomes a current / checking account for most people?

    Just wanted to open this up for discussion and see if anyone has more insight.
  2. redbeard331 macrumors 6502a


    Jul 21, 2009
    Curious about this as well, especially since it's the only new feature.

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