Starting in October, Apple will begin enforcing identity verification when sending and receiving more than $500 via the Apple Cash service.
Apple Cash to require identity verification for transfers exceeding $500
Apple Cash
iOS 17.4 lets Apple Cash users generate virtual card numbers for Safari AutoFill
With a virtual card number for your Apple Cash account set up, a new security code will be automatically generated for every online transaction.
Apple Card offering double cash back at select retailers for a limited time
As far as credit card cash back deals are concerned, Apple's offering is par for the course for the most part. But, to help stand out a little bit, Apple is boosting the cash back offerings for select retailers through some of the summer months. But the deal will only last for so long.
Apple may broaden the scope for future finance products thanks to new in-house payment processing technology
While Apple's primary focus remains hardware and software, the company is certainly not limited to those things. Elements like Apple TV+ and the Apple Card stand out, for instance. And apparently Apple has plans to broaden the scope for its finance products thanks to major changes happening behind the scenes.
Apple Cash Instant Transfer now supports Mastercard debit cards
A handy feature for folks using the Apple Card is Daily Cash Back. This will automatically deposit your earned cash back from purchases onto the Apple Cash card saved in your Wallet. From there, you can choose to use those funds to help pay down the Apple Card's balance, pay for items when using Apple Pay, or transfer the money to a bank.
Trademark approvals suggest that Apple Card and Apple Cash could one day launch in Canada
New evidence that Apple Card might launch in Canada one day: the country's government has officially approved the company's trademark filings for “Apple Cash” and “Apple Card”.
How to set up Apple Cash Family on iPhone
For rewarding your child, giving them their allowance, and letting them make a purchase, you can use Apple Cash Family. This feature arrived with iOS 14 as a way for parents to digitally send money to their children and teens.
This is convenient for families who don’t walk around with wads of cash, whose kids use their money for apps or games, or spend money in stores; all with their parent’s permission of course. Here, we’ll show you the requirements for using and how to set up Apple Cash Family.
Apple Card may launch in Canada in 2019
The Apple Card is set to launch in the United States sometime in the summer, and now it sounds like the physical credit card is heading to Canada in the near future.
How to quickly cancel a payment you make with Apple Cash
Apple Cash is a terrific way to instantly send money to friends and family from your iOS device or Apple Watch. You can pay back what you borrowed, loan money, or request money from someone who owes you. But what happens if you send someone money and want it back?
Maybe you loaned them more than they need, or maybe you discover you don’t have the extra to lend. Whatever the reason, you can cancel a payment you make with Apple Cash if they haven’t accepted the payment yet. Here’s how.
How to view your Apple Cash transactions on iPhone
If you just started using Apple Cash to send or receive money, you’re going to want to keep up with your activity. Check on money you’ve sent to others, see if someone sent money to you, and make sure your transactions look correct.
Here are a few ways to view your Apple Cash transactions on iPhone.
How to set up and send money with Apple Cash
For the fastest way to loan money to a friend or pay them back after borrowing some yourself, you can use Apple Cash, formerly named Apple Pay Cash. Once you set it up, you can send money to your contacts or request money from them via the Messages app. The service has been around for a while, but there are still many who haven’t taken it for a spin yet.
If you fall into this category, this tutorial shows you how to set up and send money with Apple Cash.
Apple Pay Cash has been renamed to Apple Cash
Apple's tweaked the official brand name of its Apple Pay Cash feature that launched in December 2017. Henceforth, the peer-to-peer payments service shall be known as Apple Cash.