Apple Pay Cash Might Come To iOS 11 At The End Of October

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To everyone’s surprise, Apple’s major software update — iOS 11 for iPhones, iPads and iPod Touch — didn’t include the new Apple Pay Cash payment system that was talked about during the Worldwide Developers Conference back in June. Instead, it is expected to launch on iOS 11 devices at the end of October. This, of course, is to be believed if the information published on the Apple Watch Series 1’s page is legit.

Apple hasn’t given away the exact date yet. However, we know for certain that the feature will come in late fall. The footnote is located on 9to5Mac’s Apple Watch Series 1 page.

Apple Pay, the primary wireless payment service by Apple, came out back in 2014. It has rapidly developed to the point where it works in over 4 million locations today. It is compatible with most of Apple’s devices, including the iPhone, iPad, Apple Watch and Mac. Over the past few years, it became one of the safest and most agile methods to make and receive payments.

It is known that with the iOS 11 update, Apple will introduce the innovative Apple Pay Cash card. However, it is still in the works.

The inter-person payment system by Apple was supposed to be part of the iOS 11 and watchOS 4 operating systems that came out on September 19. The footnote states that Apple will instead release its Apple Pay Cash system in “late October.” Still, this information is not 100 percent official.

Once Apple Pay Cash launches on iOS 11 and watchOS 4, users will be encouraged to choose between two methods of using it. One method involves using the iMessage app to make and receive payments. The other — slightly more dangerous — method requires more courage from the side of the customer, as it relies on Apple’s virtual assistant, Siri, in order to access and manage transactions.

Basically, your credit or debit card is stored in the Wallet app. It allows you to make and receive transactions through iMessage. The new innovation can be found in the App drawer that is located at the bottom of your screen when you open the iMessage app. The rest of the process is simple. You tap on the Apple Pay icon and enter the amount of money you need to send or receive. Your recipient will respond to your request and process the transaction through Touch ID. Of course, that means users of the arriving iPhone X will use Face ID to authorize the transactions.

The good news is that the money will be received on the Pay Cash card in your Apple Wallet. Then, you will be prompted to choose whether you want the money to stay in the Apple Wallet or get transferred to your credit or debit card.

This feature places Apple ahead of vast payment services such as Paypal, Square Cash or Payoneer that take one to three days to process the payments and deposit them into your bank account. The bad news is that Apple already has a new competitor, an app called Zelle. Not only does it deposit money within a few minutes, it also deposits money directly into your bank account by connecting to your debit card.

Apple Pay Cash is not the only feature that didn’t make it out with the new iOS 11 software update. The other element includes messages in iCloud. This useful feature cleans up your storage by transferring the removed messages to the iCloud server. The feature was withdrawn from the iOS 11 beta 5 in August. However, Apple noted that the feature will return in future updates. Unfortunately, we don’t know when that will be.

Are you looking forward to the Apple Pay Cash system? Do you think that the Zelle app is a threat? Is the Apple Pay Cash service safe for processing payments? Share your thoughts in the comments!

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