Apple Inc. today announced the official launch of Apple Pay Cash for all eligible iPhone and iPad models running iOS 11.2. In fact, Apple's p2p payment service was launched on iOS 11.2 yesterday, but some users received an error message saying the service is not available. Later in the day, many users' activation problems began to be resolved.
The official release of Apple Pay Cash was three days after iOS 11.2 was released, and the update fixed a serious date vulnerability affecting users. Although Apple Pay was mentioned in this update, the feature was not previously activated by Apple.
This Apple Pay Cash feature allows users to make quick personal transfers. After completing the appropriate Apple Pay Cash settings, open the Information app, click on the App Store icon - Apple Pay, set the dollar amount, click Pay, select your payment card and use Touch ID or Face ID for security certification. The payment card can be any debit card or credit card set in the Wallet application, or an Apple Pay Cash card.
The recipient simply needs to click on the message to receive the funds and those funds are instantly added to the Apple Pay Cash card in his or her Wallet application. This card can be used to make purchases on Apple Pay for stores, apps and supported sites, or to a bank account in one to three business days.
When new users receive payments for the first time, they are added to their new Apple Pay Cash Card once they accept the terms of Apple. You can also use Siri to transfer money, this feature is currently only available in the United States. Apple has not yet said when the service can be extended to other countries.
Apple Pay Cash is available for iPhone 6 and later, iPhone SE, all iPad Pro models, the 5th generation iPad, iPad Air 2 and iPad mini 3 running iOS 11.2. Apple recommends that users who have updated iOS 11.2 before today can try the device again if Apple Pay Cash is not available.