Apple Pay Cash Vs Venmo Vs Square Cash: Which App Is Better?

06 December, 2017, 01:02 | Author: Sherri Guerrero
  • Newly launched Apple iPhone 8 and X will get the new iOS 11.2 update

Reuters/Stephen LamAn attendee checks out a new iPhone X during an Apple launch event in Cupertino, California, U.S.

Apple initially announced Apple Pay Cash earlier this year when it unveiled new Apple Pay features in iOS 11.

iOS 11.2 was actually rolled out last week, but the signature feature wasn't yet activated.

Business Insider characterizes Apple Pay Cash as a "Venmo Killer", which remains to be seen.

Apple Pay Cash is integrated with iOS 11.2 and provides a seamless way to send and receive payments and also spend your money. A support document issued by Apple tells users to turn off notifications for all apps on the iDevice before installing iOS 11.2.

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Head to Settings → Wallet & Apple PayApple Pay Cash, then swipe down below Card Details to find and tap on Verify Identity. You're better off using a debit card to avoid the standard 3% fee you'll pay with a credit card. For Apple Pay Cash, the amount is deposited on its own card account inside the Wallet app. Here's everything you need to know.

Tap the Messages App Store icon to the left of the iMessage text field, and select Apple Pay there. We're hoping that this feature will be widely available in time for the holidays. You also have to confirm your legal name and address. It's presently rolling out in phases to users of the latest iOS beta, so you may not immediately be able to try it. "We accept digital money in almost all fiscal functions - from purchasing bonds and stocks, to managing checking and savings accounts, to simply splitting a dinner bill - removing the need for physical money".

When entering your bank account information, you need to input your account number and routing number so that you can link your Pay Cash account to your bank account.

Saying something like "Send x dollars to Zac using Apple Pay cash" is a super fast and satisfying way to pay others.

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