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Apple Pay Cash Arrives In Latest iOS 11.2 Beta

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Nov 7, 2017, 1:25 PM   by Eric M. Zeman

Apple today released iOS 11.2 Beta 2 to public testers, one day after releasing the developer variant. Of note, iOS 11.2 Beta 2 introduces the Apple Pay Cash tool that Apple announced earlier this year. Though the service is in beta form, iPhone owners can use Apple Pay Cash to send funds directly to one another via Apple Pay. The funds can be send from any credit or debit card associated with the sender's Apple Pay account. Apple Pay Cash shows up as a button within Apple's messaging application, though users can also request money from friends and family. Apple does not charge fees to use Apple Pay Cash, though it is instituting a virtual tool called the Apple Pay Cash card. Funds sent to people land in the Apple Pay Cash card, which can be used immediately to fund Apple Pay-based transactions or send cash to others. It means people have instant access to the money, rather than be forced to endure a minimum transfer window or waiting period. The public beta of iOS 11.2 is free to download for those enrolled in the program. Apple hasn't said when iOS 11.2 might reach all users.

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