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.