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Apple Pay Cash: Tips, Fees, Set Up, Transaction Limits, iMessage Payments, More
07 December 2017, 01:52 | Patty Hardy
Apple Watch gets watchOS 4.2 update with Pay Cash support and more
The upgrade as usual by Apple has involved lots of changes, especially the support given to Apple Pay Cash, a quick peer-to-peer payments system that forms a direct competitor to Venmo, Square Cash and other payment processors.
Apple on Tuesday launched Apple Pay Cash, one of the simplest digital payment methods, in the U.S. market and this can be used by iPhone, iPad ad Apple Watch users.
Apple Pay Cash is flawless for smaller payments among friends - for instance, suppose a user owes their friend some money. They can use the money instantly1 to pay someone or make purchases using Apple Pay in stores, apps and on the web.
Several iPhone X users are claiming that the Face ID feature in their device is not working after updating to iOS 11.2 that was released by Apple recently. Users can withdraw the money to the bank account, and use it to send it to other people.
Users can also view their transaction history, including person to person payments as well as purchases they've made in stores, apps and on the web with Apple Pay Cash, right in Wallet. Pay Cash also works through the Wallet app and Siri. In order to enable the same, the required cash in Apple Cash has to be present.
Apple Pay Cash features are now available to everyone with the latest iOS 11 updates, and while the improvements should make users' lives easier, there are still some questions about the service. However, a three percent fee is applied when sending money using a credit card. Go to Settings Wallet Apple Pay Apple Pay Cash and tap the button to toggle it on.
Now a USA exclusive, there's no timeframe for the eventual worldwide rollout.
Users who want to add funds from a debit card or prepaid card can add a minimum of $10 on the Apple Pay Cash card per transaction and a maximum of $3,000. You can not add more than $3,000 per day.
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