Photo ID might be required to verify your identity with Apple Pay Cash

Photo ID might be required to verify your identity with Apple Pay Cash
According to lines of code found on the latest iOS 11 beta, Apple's peer-to-peer money transfer service could require a photo ID. The new feature, called Apple Pay Cash, allows users to send money to another iOS user through iMessage. One of the strings found reads, "Verify your identity to continue to use Apple Pay Cash." If a user's ID cannot be verified, that person will be blocked from using the peer-to-peer feature, although the cash balance can still be used with Apple Pay to cover retail transactions. Another string reads, "Position your driver's license or identity with photo on the [camera's] frame."

Requiring a photo ID would seem to be related to preventing identity fraud, but it also could be related to making sure that one of the parties in the transaction is not a child dipping into his/her parent's bank account, or getting involved in a scam.

Besides its use as a peer-to-peer money transferring system, Apple Pay Cash can hold a cash balance that can be used to make payments in any situation where Apple Pay could be used. Instead of the transaction using Apple Pay paired to one of your credit cards, Apple Pay Cash would settle up using the cash balance it is holding for you.

One cautionary note from Apple. Those using a credit card to fund a person-to-person money transfer with Apple Pay Cash will have to pay a 3% fee. We should see iOS 11 released sometime next month, just before the release of the 2017 iPhone models.


source: iHelpBR (translated) via AppleInsider

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24 Comments

1. Dingy_cellar_dweller

Posts: 339; Member since: Mar 16, 2013

apple has found a new income stream 3% of your money.

3. Supah

Posts: 692; Member since: Mar 08, 2017

3%!? When they rob you nowadays, they don't even try to hide it anymore LOL "Thank you sir!! May I have another!?!" - kiko da kellyanne conway of PA, bankz, cnour, Mxyflashdabitchmite, YesToFakeboys, HillaryClinton2020, apple-rulz, Plasticsh1t, Lundberg, piyath, nctx77, Ninetysix, Derekjeter, Ray S, Alan F, Victor H, Luis D & Kaloyan C

7. kiko007

Posts: 7491; Member since: Feb 17, 2016

God you need to get laid. It's three f**king percent. THREE!!! They already charge something like 2% every purchase if I'm not mistaken because they'd be losing money otherwise. I get that Apple f**ked your sister, but c'mon man, be reasonable.

8. yann

Posts: 609; Member since: Jul 15, 2010

After Apple took finger prints from all their users, now its turn to take 3d face print. Combine both and you can find any Apple user anywhere in the world. Except Russia and China.

14. Flash

Posts: 1972; Member since: May 19, 2017

And carriers can track you easily with Android.

19. yann

Posts: 609; Member since: Jul 15, 2010

Carriers can track you with any phone OS. Just to educate you a little. It's free this time.

15. Flash

Posts: 1972; Member since: May 19, 2017

Lol you got him. Dude must have been violated by Apple or something.

17. Supah

Posts: 692; Member since: Mar 08, 2017

And the Grammy goes to ..................................................​​​............................................​...​...​......................................​......​......​................................​.........​.........​..........................​.. The Mxy Anthem, Show Me Mercy by Mxyflashdabitchmite!!!!~ https://www.youtube.com/watch?v=tj1QN9Yi2MM

18. BuffaloSouce

Posts: 1238; Member since: May 01, 2017

Yeah he sure got him... Quit jock riding and you can be tracked no matter what phone or is you have

21. Supah

Posts: 692; Member since: Mar 08, 2017

The funny thing is Mxyflashdabitchmite's not really helping him here lol If Mxyflashdabitchmite's backing you up, you know you have have credibility issues.

16. Supah

Posts: 692; Member since: Mar 08, 2017

"God you need to get laid. It's three f**king percent. THREE!!! They already charge something like 2% every purchase if I'm not mistaken because they'd be losing money otherwise. I get that Apple f**ked your sister, but c'mon man, be reasonable." Low class kiko da kellyanne conway of PA approved translation: https://www.youtube.com/watch?v=ZQ6OlPbM6x4

6. Subie

Posts: 2301; Member since: Aug 01, 2015

3% only if you use a credit card. 1.5-3% is probably the merchant fee Apple would have to pay the credit card companies for the transaction. If they didn't charge this they could be losing money every time someone used a credit card to transfer money.

10. TechieXP1969

Posts: 14967; Member since: Sep 25, 2013

Really? Because tbey cant make 3% feom what they overcharge for the phone?

11. Subie

Posts: 2301; Member since: Aug 01, 2015

The one has nothing to do with the other. Try using a credit card with any other service to transfer money and see what the charge is.

12. cmdacos

Posts: 3889; Member since: Nov 01, 2016

Whats the fee to transfer into Apple Cash in the first place? And then pay again to transfer out? If this is the case then it's for idiots that support subscription re-ups through iTunes.

13. Flash

Posts: 1972; Member since: May 19, 2017

I don't think he's very bright.

20. BuffaloSouce

Posts: 1238; Member since: May 01, 2017

And you're a few nuggets short of a happy meal yourself...

22. cnour

Posts: 2305; Member since: Sep 11, 2014

Hi Supah!!!!!!

24. lyndon420

Posts: 6517; Member since: Jul 11, 2012

My bank used to charge me $1.50 for an email transfer, but now they're free...and no one needs to sacrifice their personal info during the transaction.

2. Xilam unregistered

3% is actually a lot of money. This is not going to help this payment feature take off.

4. Supah

Posts: 692; Member since: Mar 08, 2017

If this was samung pay, what would the title be? "Samsung Galaxy Note 7 exploded so Samsung's being greedy and charges a 3% fee for person-to-person money transfer with Samsung Pay" Alan F conveniently mentioned about the 3% fee almost at the end and wrote this afterwards to finish this article. "We should see iOS 11 released sometime next month, just before the release of the 2017 iPhone models." I'm like, "so.........that's it?" LMAOOOOOOO

5. Soundjudgment

Posts: 370; Member since: Oct 10, 2016

Come on. You know PA is Home of the Mini-Reports? It's made for the (air-quotes) "Millennial World:" Bite-Sized.

9. cmdacos

Posts: 3889; Member since: Nov 01, 2016

Plenty of other options that don't cost 3%

23. trojan_horse

Posts: 5868; Member since: May 06, 2016

Another money-grabbing tactic, yeah deal! Glad I don't use Apple's services. SMH

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