Apple Pay Cash May Require Users to Submit Photo ID

Apple Pay Cash May Require Users to Submit Photo ID

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New details about Apple Pay Cash have been found in the iOS 11 beta by iHelpBR. Apple Pay Cash is an upcoming service that will let users send and receive money through iMessage. Those funds can be used in stores and applications that support Apple Pay.

Apple Pay users will be able to make and receive payments with friends and family quickly, easily and securely. They can send money and get paid right in Messages, or tell Siri to pay someone, using the credit and debit cards they already have in Wallet. When users get paid, they receive the money in their new Apple Pay Cash account. They can use the money instantly to send to someone, make purchases using Apple Pay in stores, apps and on the web, or transfer it from Apple Pay Cash to their bank account.

As you can see in the code below, there are numerous references to capturing your Photo ID and sending it to Apple for verification.

● "Has the information on the front of your photo ID been captured clearly?"
● "Verify your personal information to continue sending and receiving payments in Messages."
● "Verify your identity to continue to use Apple Pay Cash"

The service will support both credit and debit cards. You can also add your Bank Account.

● "Add a debit or credit card to add money to your Apple Pay Cash card."

Interestingly, Apple says the service works best with a debit card.

● "Apple Pay Cash works best with a Debit Card."

After your virtual card is generated, you'll get a four digit PIN to be used if extra authentication is required to complete a transaction.

There's also references to a Peer Payment Transfer Fee. Check out the screenshots for more details.

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Apple Pay Cash May Require Users to Submit Photo ID

Apple Pay Cash May Require Users to Submit Photo ID

Apple Pay Cash May Require Users to Submit Photo ID

Apple Pay Cash May Require Users to Submit Photo ID

Apple Pay Cash May Require Users to Submit Photo ID
Captain Japan - August 26, 2017 at 11:59am
Who needs this type of functionality? Seems overboard to me.
Elon Musk - August 29, 2017 at 2:38pm
They're basically trying to cut into PayPal's business. Can't say I blame them, it's money for old rope.
Well... - August 26, 2017 at 3:45am
So Apple is now trying to get people to keep the money in their Apple Pay cash account which means Apple can then use that money to generate interest that they keep and not give to their customers, another way Apple is screwing people over. I'll just stick will google wallet thank you very much.
Jon Zubin - August 26, 2017 at 3:09am
When I selected "Read More" the Responce screen came in Spanish. How to I select English?
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