Official Apple video shows you how to use Apple Pay Cash

Alfred Osborne
December 7, 2017

Apple Watch users can now simply ask Siri to pay someone. If you use a debit card to make a payment, there is no charge. It's become a must-have app for millennials, and as we can see in this chart from Statista, the amount of money sent through it has soared since 2015. Apple will add a 3% fee if you use a credit card to send money. Users can withdraw the money to the bank account, and use it to send it to other people.

The catch? Your device (s) must support the new iOS 11.2, which is available now as a free update and is required to make person to person payments and use Apple Pay Cash on iPhone and iPad. Money you receive will be added to the Apple Pay Cash card in your Apple Wallet.

App stores run by Apple and Alphabet Inc's Google generate billions of dollars in revenue globally for them and China is a key target market as its users rely heavily on their phones for daily tasks ranging from grocery shopping to booking nail appointments.

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Security and privacy is fundamental to the design of all Apple hardware, software and services. Both parties to an Apple Pay Cash transaction must have the feature enabled on their iPhone or Apple Watch.

Person to person payments and Apple Pay Cash are available in the USA on iPhone SE, iPhone 6 and later, Apple Watch, iPad Pro, iPad (5th Generation), iPad Air 2 and iPad mini 3 or later.

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