This Is How Apple Pay Cash Works On The iPhone

This Is How Apple Pay Cash Works On The iPhoneā€¯

But UK residents could be waiting until 2018 for Apple Pay Cash to arrive locally.

Apple Pay Cash will be included in the newest iOS update, 11.2, and users will be prompted about setting up the money trading system when they launch their messages app.

Apple Pay Cash will allow you to make payments with the already existing debit and credit cards in the Apple Credit.

That has now changed with the launch of Apple Pay Cash in public beta on iOS 11.2 beta 2.

Apple Pay Cash is secured by a two-step verification process which allows you to provide it with your billing address through which you can make early purchases. The beta version of the facility has officially been released and hence it can be used by public beta testers who have an iOS version of 11.2 or a WatchOS version of 4.2. If you haven't signed up already, you can follow the instructions here to backup your device and enroll in the Apple Beta Software Program. To add a card, open the Wallet app tap the "+" icon in the top-right corner scan your card enter the requested information.

You will need to have two-factor authentication enabled on your Apple ID account.

One of the most interesting features of Apple Pay Cash is the ability to send and receive funds in real time.

As TechCrunch reports, Apple is working with the financial technology company Green Dot to power the financial mechanics of Apple Cash. It also works with Siri. The service will be free if you are using a debit card but in case you are using a credit card then you will have to pay an additional charge for the process. Payments can also be triggered by simply asking for money in a message or tapping on a message sent by someone else asking for money. Apple chose to go an alternate route, using the credit or debit card in your Apple Wallet to fund transfers. Afterwards, all future payments will be accepted automatically. Open the Wallet app on your iPhone tap your Apple Pay Cash card tap the "i" button tap the Info tab tap "Manually Accept Payments".

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