Apple notifies Apple Cash users about two upcoming changes
Apple Cash’s terms and conditions have just been updated, and Apple is notifying users about two upcoming changes in particular.
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iOS 27’s Wallet app adds feature that will make you want to use Apple Cash
Apple Wallet is better than ever in iOS 27 thanks to a handful of new features, including a clever solution for splitting bills with friends and family via Apple Cash. Here’s how it works.
Expand Expanding CloseApple Cash is down for some iPhone users in the U.S. [U: Fixed]
Update: Apple now lists the issue as resolved. The original story follows below.
If you’ve been unable to use Apple Cash over the last few hours, you’re not alone, as the service is currently experiencing an outage affecting some users in the U.S. Here are the details.
Expand Expanding CloseApple Cash is making instant transfers more expensive soon
Apple Cash users, there’s a change coming soon to the fee for instant transfers to a debit card, with increases both to the percentage and max fee. Here are the details.
Expand Expanding CloseApple confirms ongoing Apple Cash outage impacting iPhone users
If you’re experiencing issues sending or receiving money with Apple Cash today, you’re not alone. Apple says its Apple Cash service is experiencing a multi-hour outage on Wednesday.
Expand Expanding CloseApple Cash to require ID verification for sending more than this amount
Apple Cash is a popular and easy way to send money right within the iOS Messages app and soon with just a tap. Until now, you haven’t needed to submit an ID to use parts of the feature. That will change for many users as Apple will require identity verification starting in October for sending more than a total of $500 across all transactions – including past ones.
Expand Expanding CloseVenmo antitrust lawsuit against Apple dismissed, with small asterisk
An antitrust lawsuit against Apple brought by Venmo has been dismissed, the judge finding that there was no evidence of anticompetitive behavior.
The Paypal-owned app company has, however, been given one final chance to make its case – though the judge made it very clear this would be a long-shot …
Expand Expanding CloseHow to find your new Apple Cash card number in iOS 17.4
iOS 17.4, which is now available to everyone, includes a significant change for Apple Cash users. As first spotted by Reddit user u/simpledsp last month, Apple Cash users can now set up a virtual card number that can be used for shopping when Apple Pay online isn’t an option.
Expand Expanding CloseApple Pay down for some, says company; Apple Card and Apple Cash too
Apple Pay is down for some, with Apple’s system status page noting that the same is true for the Apple Card and Apple Cash.
As always, the “some users are affected” message can mean anything from a small number of users to almost everyone …
Expand Expanding CloseiOS 17 will add support for recurring payments to Apple Cash
Apple is out with a new press release today detailing more features coming to its various services platforms later this year. For Apple Cash users in particular, Apple says that iOS 17 will add support for recurring payments as well as the ability to automatically add money to Apple Cash balance when it gets low…
Expand Expanding CloseApple Bank: Ten years on, the idea seems a lot less out-there
It’s almost a decade since I first suggested that we might one day see an Apple Bank. Given that not even Apple Pay existed back then, I’ll be the first to admit that it seemed a pretty out-there idea at the time.
By 2015, it seemed significantly less of a stretch, and yesterday’s billion dollar news brought us even closer …
Expand Expanding CloseApple Cash gets Instant Transfer with Mastercard debit cards and more
Apple today announced a minor update to Apple Cash, the company’s digital wallet that works with Apple Pay and iMessage. As of today, Instant Transfer on Apple Cash is compatible with Mastercard debit cards, but there are some other changes as well.
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How to set up Apple Cash Family in iOS 14
A neat expansion of Apple Cash with iOS 14 is the ability to share and manage funds for family under the age of 18. However, there are a few conditions that you and your family will need to meet to use the feature. Follow along for how to set up Apple Cash Family.
Expand Expanding ClosePSA: Apple Cash service experiencing downtime for some users [Update: Fixed]
Update: Apple says the issue is now fixed and users should be able to use Apple Cash again. You can read the original article below.
Apple has just confirmed that the Apple Cash service is not working for some users. This comes just a day after multiple iCloud services stopped working for a few hours, including the Game Center, iCloud Keychain, and more.
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AAPL spending almost all its US cash reserves on dividends and stock buybacks
Analysis by Above Avalon‘s Neil Cybart suggests that Apple is unlikely to accelerate the pace of its stock buyback program as it is already spending almost all of its available US cash stockpile on share dividends and buybacks.
Out of $155B of cash, only $18B is available in the U.S., with the rest sitting in international subsidiaries unable to be sent back unless repatriation tax is paid […] Apple is essentially taking most, if not all, of its free cash flow from U.S. operations and piling it into share buyback.
Cybart does some number-crunching to suggest that Apple is likely to buy back around $30B worth of stock next year, though acknowledges that new product lines like the Apple Watch make it difficult to forecast future profits with any certainty.
Apple has come under consistent pressure from billionaire shareholder Carl Icahn to increase the pace of its stock buyback program, recently suggesting that an accelerated buyback could see the company achieve a trillion dollar valuation. It was recently estimated that Apple’s cash reserves would have reached $210B without the dividend and stock buyback program started two years ago.