Apple Pay Cash rolls out alongside peer-to-peer payments

Nichole Vega
December 6, 2017

Reuters/Stephen LamAn attendee checks out a new iPhone X during an Apple launch event in Cupertino, California, U.S.

The iOS 11.2 update that fixes this crash loop is also a feature update, meaning that it's a bigger update that adds new functionalities.

Over the weekend, Apple pushed out iOS 11.2 a little earlier than planned to address a crashing problems affecting iPhone users.

Last week was a really bad week for Apple, with both iOS and macOS falling victim to high profile bugs.

One of the major issues that has been solved by iOS 11.2 is the December 2 date bug.

Unlike its competitors, Apple Pay Cash doesn't work on Android devices. Although it's only available to some users, for now, Apple promised to roll it out to all iPhone users this week. You can tap on the Apple Pay Cash message to see your transaction history and even request a statement, as shown above. It is Apple's solution for peer to peer cash payments. This virtual debit card can store money you put on it and you can use it to pay for goods and services anywhere that accepts Apple Pay payments-whether that's websites or contactless terminals in off licenses. If the charging level is low, then you need to connect to AC power until the completion of the installation process. On the other hand, if you use your credit card for the transaction, your card will be charged 3 percent per transaction. The feature basically allows an individual to send and receive money with their iPhone.

Users will also be able to instruct Siri to send cash to others (as you can see in the image above).

There's a new way to send cash to friends and family.

This new feature lets iOS users do in iMessage what Venmo has done for years - send money through an app. Hopefully, it'll become more widely available in the coming days, just in time for the holidays.

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