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karlos

Public Beta Update Introduces Apple Pay Cash

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https://www.macrumors.com/2017/11/07/ios-11-2-public-beta-apple-pay-cash/

apple-pay-cash-1.jpg

 

Initially available in the U.S only. I think this could have a big impact on how people send money to each other. We'll all familiar with sending messages on Android/iOS. Although the funds are not sent directly to a bank account, they are held in a "wallet", similar to PayPal. The big difference is you can spent the funds anywhere that accepts "Apple Pay", and Apple has been aggressively expanding its retail presence.

It's not cross-border, but soon people will start wondering why they can send money via iMessage, but not overseas. Which is why we need ILP and the XRP Ledger :)

 

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