What is Apple Pay Cash?

News

The new peer-to-peer payment system for iOS users...
by
What is Apple Pay Cash?

Send and receive payments through iMessage

Apple is making it easier to send and receive money with iPhone, through a new feature called Apple Pay Cash. But what is it? Is it safe? And how do you use it? This is everything you need to know...

How does Apple Pay Cash work?

It all works through the iMessage app and means you can send funds to your friends or colleagues without having to log into any banking apps. It’s technically part of the Apple Pay system, with your bank details stored in iOS’ virtual Wallet.

To send money, you just need to tap the App Store symbol in the redesigned iMessage app drawer, and then select how much you want to send. And for peace of mind, it’s all secured - and encrypted - through Touch ID, or Face ID if you’re using the new iPhone X.

The cash you’re sending will be deducted from whichever card you’ve nominated to be attached to your Wallet. But when you’re receiving cash, it’ll go straight onto your virtual Apple Pay Cash card. You can then transfer it to a real account, or use it when paying for stuff with Apple Pay.

What about fees?

It’s a pretty standard affair when it comes to additional fees with Apple Pay Cash. If you’re using a standard debit or Visa card, you’ll not be charged anything by the bank for payments. However, you’ll be looking at a 3% fee when using a credit card.

Siri’s on board, too

Apple’s virtual assistant, Siri, is ready and raring to help with your payments. If you and your mates are discussing anything to do with money, Siri will push the Apple Pay app to the front of your iMessage app drawer. And if a certain amount is mentioned in the conversation, that amount will automatically be set, so you can get things done quicker.

When can I use Apple Pay Cash?

The peer-to-peer payment is only available in the US for now, unfortunately, but it’s thought it’ll be coming to the UK shortly. In the meantime, you could check out the likes of Pingit.

Are you looking forward to Apple Pay Cash? Let us know what you think in the comments below. And for Carphone Warehouse’s latest deals on the likes of iPhone 8 or iPhone X, click the links.

What are your thoughts? Join the conversation here…

comments powered by Disqus
This is everything you need to know about Apple's latest flagship smartphone, iPhone X - coming soon
The upcoming iPhone 8 and iPhone X will be running iOS 11 straight out of their boxes. This is what

19 June, 2018
We've got all the big mobile gaming announcements from E3 2018, including Fortnite...
18 June, 2018
The new Samsung Galaxy A6 is a mid-range phone packed with premium tech, including...
14 June, 2018
There are plenty of easy ways that you can make your battery last longer. And we...
13 June, 2018
Preparing for festival season? You might want to leave your phone at home, and go...
12 June, 2018
The BlackBerry Key 2 truly is a thing of wonder, and it looks the part too. In this...

5 June, 2018
Apple’s annual developer’s conference (WWDC 2018) has kicked off, and the keynote...
16 May, 2018
Monqi is a unique version of Android, designed for children. Through an accompanying...
15 May, 2018
Honor has launched the Honor 10 smartphone at an exclusive event in central London....
12 April, 2018
If you find yourself confused by the mention of 5G, don't worry. We answer any questions...
9 April, 2018
Check out the brilliant new Sony Xperia XZ2, out now at Carphone Warehouse. It’s...
27 March, 2018
Huawei has just announced its new P20 smartphone series at its Paris event today....
16 March, 2018
We invited our favourite grime legend Big Narstie along to Carphone Warehouse HQ...
2 March, 2018
Following another successful Mobile World Congress in Barcelona, we're rounding up...
25 February, 2018
Check out all the brand new features on the new Samsung Galaxy S9 and S9+ soon available...
25 February, 2018
Nokia has an exciting collection of new smartphones – The Nokia 1, Nokia 6, Nokia...
21 February, 2018
The BBC has launched a spectacular new augmented reality app, Civilisations AR, to...
9 February, 2018
We've got some great news for fans of role-playing games. Final Fantasy XV Pocket...