3 ms·

What is new here exactly? This is AppleCash, which has been around for years.

by jp57 2y ago

giancarlostoro 2y ago
If I'm understanding correctly, the difference is that it's going through VISA directly. Kind of like how you can send someone a Starbucks gift card through iMessage / Messages app, without it ever going through Apple Cash technically.
- lxgr 2y ago
  How so? It only works between two Apple Cash accounts, so it can just be a book transfer within the bank maintaining these (Green Dot), no Visa required. Or do they now allow it between two non-Apple-Cash debit cards? That would indeed require some network to work across banks.
  - giancarlostoro 2y ago
    In the case of Starbucks, they're taking advantage of an API within the Messages app, so as long as a third party implements something similar to what Starbucks is doing, I assume any other banking app could do the same, like Zelle could theoretically have their app allow you to just send cash via Messages if they implement the code needed for the Messages app. Now whether or not Apple would allow it is another story. I appreciate them gate keeping garbage from their app store, but they shouldnt just gate keep things they themselves do, its anti-competitive.
    - lxgr 2y ago
      Yeah, but the new feature presented yesterday is not that. It's just a new (and definitely useful!) contact discovery and payment request initiation channel for Apple Cash (which has been around for a few years now), as far as I can tell.
lelandfe 2y ago
I can pay you by tapping the top of my iPhone to the top of your iPhone. https://youtu.be/Own9MiaP57o?t=270 https://youtu.be/Own9MiaP57o?t=270
- lililililililll 2y ago
  [flagged]
tiltowait 2y ago
I was/am a little confused, too, but Apple specifically called out not needing to share phone numbers/contact info, so that’s probably it.
kenferry 2y ago
It’s brokered via NFC now. Tap to pay with no business account.
- mountainofdeath 2y ago
  Yes and no. It's still a cash-equivalent transaction, requiring you to either have an Apple Cash balance and/or an attached checking account or debit card (in the USA at least).
  - lxgr 2y ago
    It's also only available in the US, I believe.
jp57 2y ago
Too late now to edit my original comment but this is what I missed: you can tap two phones together to transfer p2p. I.e. not iMessage mediated. https://www.macrumors.com/2024/06/11/tap-to-cash-ios-18-pay-touch-iphones/ https://www.macrumors.com/2024/06/11/tap-to-cash-ios-18-pay-...

What is new here exactly? This is AppleCash, which has been around for years.

by jp57 2y ago

What is new here exactly? This is AppleCash, which has been around for years.

If I'm understanding correctly, the difference is that it's going through VISA directly. Kind of like how you can send someone a Starbucks gift card through iMessage / Messages app, without it ever going through Apple Cash technically.

lxgr 2y ago
How so? It only works between two Apple Cash accounts, so it can just be a book transfer within the bank maintaining these (Green Dot), no Visa required. Or do they now allow it between two non-Apple-Cash debit cards? That would indeed require some network to work across banks.
- giancarlostoro 2y ago
  In the case of Starbucks, they're taking advantage of an API within the Messages app, so as long as a third party implements something similar to what Starbucks is doing, I assume any other banking app could do the same, like Zelle could theoretically have their app allow you to just send cash via Messages if they implement the code needed for the Messages app. Now whether or not Apple would allow it is another story. I appreciate them gate keeping garbage from their app store, but they shouldnt just gate keep things they themselves do, its anti-competitive.
  - lxgr 2y ago
    Yeah, but the new feature presented yesterday is not that. It's just a new (and definitely useful!) contact discovery and payment request initiation channel for Apple Cash (which has been around for a few years now), as far as I can tell.

lelandfe 2y ago

I can pay you by tapping the top of my iPhone to the top of your iPhone. https://youtu.be/Own9MiaP57o?t=270 https://youtu.be/Own9MiaP57o?t=270

lililililililll 2y ago
[flagged]

tiltowait 2y ago

I was/am a little confused, too, but Apple specifically called out not needing to share phone numbers/contact info, so that’s probably it.

kenferry 2y ago

It’s brokered via NFC now. Tap to pay with no business account.

mountainofdeath 2y ago
Yes and no. It's still a cash-equivalent transaction, requiring you to either have an Apple Cash balance and/or an attached checking account or debit card (in the USA at least).
- lxgr 2y ago
  It's also only available in the US, I believe.

jp57 2y ago

Too late now to edit my original comment but this is what I missed: you can tap two phones together to transfer p2p. I.e. not iMessage mediated. https://www.macrumors.com/2024/06/11/tap-to-cash-ios-18-pay-touch-iphones/ https://www.macrumors.com/2024/06/11/tap-to-cash-ios-18-pay-...