Apple Pay Cash Now Available with Latest iOS Update

Money can also be sent through Siri as the feature will ready Apple Pay Cash when dollar amounts are mentioned. Today the word comes down that Apple Officially Launches Apple Pay Cash. Anyone using the iMessage and Wallet apps will be able to receive and send money as soon as they update to iOS 11.2 and restart their devices. A balance can also be used to pay for transactions inside a store or online using Apple Pay. Finally, for debit or prepaid credit card to Apple Pay Cash transfers, there is a $10 minimum and a $3,000 maximum per transfer, with a $10,000 weekly limit.

The new Apple Pay Cash capabilities, which were announced by the company December 5, will now allow Apple device users to split a restaurant, household or any other bill securely with other users or to send gifts or other payments.

The Apple Pay Cash card, which was just introduced in December with the latest iOS 11 update, is part of newly introduced functionality that Apple has added to Apple Pay, its mobile wallet. But Apple has the huge advantage of already having millions of people who use Messages and who also have already stored their credit and debit cards on their iPhones.

Active Volume Stock: First Horizon National Corporation (FHN)
TRADEMARK VIOLATION NOTICE: This story was first published by Dispatch Tribunal and is the property of of Dispatch Tribunal. The stock of First Horizon National Corporation (NYSE:FHN) has "Buy" rating given on Tuesday, November 28 by SunTrust.

Apple customers who don't already have Apple Pay set up on their supported device can still receive money from friends and family without needing to install a new app or add a card to Wallet.

Security and privacy is fundamental to the design of all Apple hardware, software and services. Both parties to an Apple Pay Cash transaction must have the feature enabled on their iPhone or Apple Watch.

Person to person payments and Apple Pay Cash are available in the United States on iPhone SE, iPhone 6 and later, Apple Watch, iPad Pro, iPad (5th Generation), iPad Air 2 and iPad mini 3 or later.

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