iOS 11 lets you send and receive money via iMessage with Apple Pay


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Apple simply introduced on stage at its Worldwide Developer’s Convention that Apple Pay is getting person-to-person funds. The function will are available iOS 11, which was introduced on stage, and might be out there later this yr.

It’s an apparent swipe on the a part of the funds market that apps like Venmo, PayPal, and Sq. Money have cornered. However there’s a catch — P2P funds with Apple Pay will stay inside iMessage, and it’s unclear if Apple will let customers carry out them outdoors of its messaging app. Additionally, the cash can be transferred to one thing referred to as an “Apple Pay Money Card,” and Apple didn’t say if that may then be transferred to your personal checking account. Meaning Apple is just not solely coming for the Venmos of the world, however perhaps the...

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