Apple Pay Cash Debuts In Challenge to Venmo

Apple Pay Cash Debuts In Challenge to Venmo

The removal of the need for physical money is one step closer thanks to Apple's release of Apple Pay Cash, introduced in iOS 11.2, which just shipped to user this week.

iOS 11.2, which Apple rushed out to fix a "Springboard" bug that caused iPhones to crash after the clocks hit 12.15am on Saturday, has caused Face ID to bork on some iPhone X handsets, 9to5Mac reports.

To start with, the iOS 11.2 was scheduled for the for the Over-The-Air (OTA) update later this month, but the company made a decision to rush it out, to fix the bug which as continuously crashing/restarting the device after 12:15 AM on December 2. As for when Apple Pay Cash will land in Canada, your guess is as good as mine. Thus, you can only send payment using it through an iPhone, iPad or Apple Watch. This has caused a lot of frustration for users who rely on their phones to be available throughout the day. But now that Apple Pay Cash is built into the iOS operating system, Apple's competitors may be at a disadvantage.

First, tap the App Store icon next to the box where you type messages.

Square Cash is another Apple Pay Cash rival. Oh, and you'll need to have two-factor authentication turned on, and be over 18.

In addition to the major bug fix, the iOS 11.2 update also includes support for Apple Pay Cash, which is integrated into the native messages app.

So what is Apple Pay Cash? If you use a credit card, there is a 3% fee on each transaction, which can be avoided altogether by using a debit card. The process will ask you for your name, address, date of birth, and last four digits of your social security number. However, this feature is only available in the USA for now. Bank accounts that support the service can also receive transfers from Apple Pay as well.

Now that you've got everything set up, you can also choose to link your bank account to withdraw funds from Apply Pay Cash. Venmo, which is part of PayPal, allows users to send and receive money, regardless of whether they have an iPhone or Android.

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