Apple Pay Cash Debuts

A patent application shows a ring-shaped device that can test your heart's rhythm and may hint at a future product.
By Don Reisinger.

There’s a new way to send cash to friends and family.

Apple Pay Cash, the tech giant’s rival to services like Venmo and Square Cash, is now available to people who have iOS 11.2 on their iPhones. The feature, which Apple debuted Monday, lets people digitally transfer cash into another user’s Apple Pay wallet for things like splitting a bar bill after a night on the town in addition to paying for purchases at online and physical retailers that accept Apple Pay.

Apple initially announced Apple Pay Cash earlier this year when it unveiled new Apple Pay features in iOS 11. Although Apple Pay lets users make purchases with credit or debit cards attached to their accounts, Apple Pay Cash allows people to transfer money between each other.

Read more at Fortune.

Be first to comment