Published: Fri, December 08, 2017
Hi-Tech | By Ellis Neal

Send Friends Money with Apple Pay Cash

Though retail purchases are possible with Apple Pay Cash, the service's primary function is an easy way to transfer money between friends through iMessage.

Users can use their iPhone or Apple Watch to transfer funds directly to another person in just a few taps.

With Apple Pay, it seemed like a sure thing.

After receiving a payment, you can transfer the money to your bank account.


To set up Apple Pay Cash, open the Wallet app and select the Apple Pay Cash card at the top.

WatchOS 4.0.1 can be downloaded through the dedicated Apple Watch app on the iPhone by going to General Software Update. Once set up, though, Apple Pay Cash will then be available for the Apple Watch in both Messages and Wallet apps.

To add money to your Apple Pay Cash balance, you can either wait for people to send you money through the service, or add funds yourself using a debit card. When you're ready to send the money, tap on "Pay". The process is identical for adding any other credit card to Apple Pay.

On Monday, the company launched Apple Pay Cash.

Banks and processors contacted for this story referred all questions about Apple Pay Cash to Apple, which declined to comment on the toll banks pay for Apple Pay. Google Wallet, also available for iOS, adds the ability to split payments among multiple recipients.

Apple specifies consumers may only add funds to Apple Pay Cash Card via P-to-P or from a debit card, minimizing the role of credit cards in funding commercial transactions.

Apple refuses to confirm its arrangements from banks, noting that banks indicate Apple Pay has enabled them to expand transactions through more customer touchpoints since its introduction in October 2014. After that, enter in the amount that you want to transfer to your account and then hit "Transfer" in the top-right corner-there is no minimum for this. It takes you through the basics step-by-step, so you'll know exactly what to do in just over a minute.

Apple said in a tweet that it would roll out Apple Pay Cash to iPhone users over this week. You can use that money to send to other people through iMessage, just like we showed you above, but that's just the tip of the iceberg.

The connection between banks and Apple Pay has been uneasy at times, and the introduction this week of Apple Pay Cash does little to assuage concerns about how far the tech giant's tentacles may eventually extend into commerce.

Once activated, an Apple Pay Cash card will appear in Wallet and you'll be able to access Apple Pay Cash in the Wallet app.

Once the recipient receives the money they have the choice to send that money to someone else using Apple Pay Cash, transfer to their bank or spend the money anywhere Apple Pay is accepted.

Like this: