WatchOS 4.2 update brings support for Apple Pay Cash and more

James Marshall
December 7, 2017

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. Anyone using the iMessage and Wallet apps will be able to receive and send money as soon as they update to iOS 11.2 and restart their devices. When new users receive money for the first time, it's simply added to their new Apple Pay Cash card once they accept the terms.

Discover announced that transactions made via Apple's new virtual debit card offering, Apple Pay Cash, will leverage the Discover Network, according to Finextra.

The new Apple Pay Cash capabilities, which were announced by the company December 5, will now allow Apple device users to split a restaurant, household or any other bill securely with other users or to send gifts or other payments. On Monday, Apple finally launched Apple Pay Cash, its own person-to-person payment system.

iOS 11.2 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. The new feature is only available for the users in the US. Once set up, though, Apple Pay Cash will then be available for the Apple Watch in both Messages and Wallet apps. Within a seven-day period, users can send or receive a maximum of $10,000. And while Messages and Apple Pay Cash are built into the latest version of Apple's mobile operating system, consumers have to download Venmo separately. For person to person transfers, there is a minimum of $1 and a maximum of $3,000 per transfer, along with a $10,000 weekly maximum. In June 2016, Apple Pay users gained the ability to make cash withdrawals from Bank of America ATMs using their iPhones.

Other reports by Click Lancashire

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