Users of Apple Pay Cash may be asked to verify their identity as they approach the $500 mark of money added or payments received. Beyond this limit, identity verification is required to use the service. Green Dot Bank, which provides the Apple Pay Cash card and person-to-person payments must verify its customers to comply with federal law.
If you are new to Apple Pay, it is a mobile payment method that uses NFC technology to conduct secure transactions at contactless point-of-sale terminals. In short, you go to any number of retailers that accept Apple Pay, go to the check out and simply wave your phone in front of a scanner after you've authenticated your payment with Touch ID or Face ID, and voilà, your transaction is complete.
Apple has made it easier for iPhone users to access Apple Pay by double-clicking their Home button. This is a useful feature if you regularly use Apple Pay and other cards in your digital wallet, such as loyalty cards, but it can be annoying if you don't. Accidentally or impatiently clicking your Home button a few times will bring you to the new Apple Pay shortcut instead of unlocking your iPhone. You then need to tap your Home button again to leave the Apple Pay screen then unlock your phone. Luckily there is a way to disable this feature. Here's how:
Apple Pay has nudged out its competitors in a head-to-head contest at the offices of Consumer Reports. Despite the fact that Apple Pay is only available on Apple devices, it scored higher in several categories that Consumer Reports designed to "help people make informed choices". Apple Pay took top honors overall in the ratings, which focus on data privacy and security.
Buyers and sellers using eBay will soon be able to use Apple Pay for transactions. eBay will begin rolling out the payment service starting this fall. The announcement comes as eBay has been working to start offering alternatives to PayPal, which split with eBay into an independent company back in 2015.