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Apple Cash

apple.com

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31–40 of 208 posts

Re: Apple Cash

#31

Post by ceeplusplus »

warning26 wrote: post #30
braingenious wrote: post #13

To be clear, this is in practice basically a competitor for Venmo/Cash App/Paypal, but built into your iphone? I only did a cursory glance at it but is there an Android app planned for this? In my experience, people want to send money to one another across different mobile OSes.

Yup, pretty much. I can't imagine how Apple concluded that "It's exactly like Venmo in every way, but it only works for people with iPhones!" would make a particularly compelling value proposition.

That's basically iMessage vs. FB Messenger/WhatsApp/Signal/SMS.

Re: Apple Cash

#32

Post by Biologist123 »

warning26 wrote: post #30
braingenious wrote: post #13

To be clear, this is in practice basically a competitor for Venmo/Cash App/Paypal, but built into your iphone? I only did a cursory glance at it but is there an Android app planned for this? In my experience, people want to send money to one another across different mobile OSes.

Yup, pretty much. I can't imagine how Apple concluded that "It's exactly like Venmo in every way, but it only works for people with iPhones!" would make a particularly compelling value proposition.

Venmo not available to me in Europe. Can’t wait to have Apple Cash.

Like mobile money in Africa, various service providers will jump up to allow cross wallet transfers.

Re: Apple Cash

#34

Post by shearnie »

pkulak wrote: post #9

Really silly and not related, but I've tried half a dozen of these things for managing my kid's allowance and general spending, and they have all been a PITA. Either my kids can't sign up without a drivers license and credit check, or they can't send money to me or between themselves, or something else entirely. Maybe Apple has fixed this, but I do remember also trying Cash, and there was some deal breaker for my use…

spriggy

Re: Apple Cash

#35

Post by konschubert »

Biologist123 wrote: post #32
warning26 wrote: post #30

Earlier quoted context omitted.

Yup, pretty much. I can't imagine how Apple concluded that "It's exactly like Venmo in every way, but it only works for people with iPhones!" would make a particularly compelling value proposition.

Venmo not available to me in Europe. Can’t wait to have Apple Cash. Like mobile money in Africa, various service providers will jump up to allow cross wallet transfers.

People use paypal for this in Europe

EDIT: Ok, maybe just in Germany.

And just to be clear: Paypal is an adverse company that tries to trick its users on every page.

Re: Apple Cash

#36

Post by Krisjohn »

ryandrake wrote: post #20
user_named wrote: post #14

A bit of a product marketing snafu by Apple if I may say. 1. Apple Cash is apparently not cash, nor a wallet, but a card that is stored inside wallet. 2.There is already Apple Wallet, Apple Pay, Apple Card. It looks to me that they're all the same. Why can't I Pay with the Cash in my Wallet. Or can I?

> 1. Apple Cash is apparently not cash, nor a wallet, but a card that is stored inside wallet. 2.There is already Apple Wallet, Apple Pay, Apple Card. Nobody in technology, at least in the USA, seems to be able to make the marketing for their "payment things" understandable. On the Google side, there is (or was) Google Wallet (OG), Android Pay, Google Pay, gPay, now Google Wallet (new). I don't know which one I shoul…

Because money.

Re: Apple Cash

#37

Post by _rutinerad »

konschubert wrote: post #35
Biologist123 wrote: post #32

Earlier quoted context omitted.

Venmo not available to me in Europe. Can’t wait to have Apple Cash. Like mobile money in Africa, various service providers will jump up to allow cross wallet transfers.

People use paypal for this in Europe EDIT: Ok, maybe just in Germany. And just to be clear: Paypal is an adverse company that tries to trick its users on every page.

I live in Northern Europe and I've never heard of anyone using Paypal for anything other than paying for things online. Each country has their own specific service that the majority uses (MobilePay, Siirto, Swish, etc).

Re: Apple Cash

#38

Post by buro9 »

ryandrake wrote: post #20
user_named wrote: post #14

A bit of a product marketing snafu by Apple if I may say. 1. Apple Cash is apparently not cash, nor a wallet, but a card that is stored inside wallet. 2.There is already Apple Wallet, Apple Pay, Apple Card. It looks to me that they're all the same. Why can't I Pay with the Cash in my Wallet. Or can I?

> 1. Apple Cash is apparently not cash, nor a wallet, but a card that is stored inside wallet. 2.There is already Apple Wallet, Apple Pay, Apple Card. Nobody in technology, at least in the USA, seems to be able to make the marketing for their "payment things" understandable. On the Google side, there is (or was) Google Wallet (OG), Android Pay, Google Pay, gPay, now Google Wallet (new). I don't know which one I shoul…

Google Pay ( https://play.google.com/store/apps/details?id=com.google.and... ) can store my Tate and National Trust membership cards, my EU COVID passport (proof of vaccination and booster), as well as boarding passes. And it's smart enough to expire out cards from the pass as expired memberships or flights that have flown.

Anything that can be represented in a barcode or QR code can be stored in it. Which of course turns out to be a lot of things, payments are just one part of it.

Edit: added link, but it's preinstalled on most modern Android devices.

Re: Apple Cash

#39

Post by cromka »

ryandrake wrote: post #20
user_named wrote: post #14

A bit of a product marketing snafu by Apple if I may say. 1. Apple Cash is apparently not cash, nor a wallet, but a card that is stored inside wallet. 2.There is already Apple Wallet, Apple Pay, Apple Card. It looks to me that they're all the same. Why can't I Pay with the Cash in my Wallet. Or can I?

> 1. Apple Cash is apparently not cash, nor a wallet, but a card that is stored inside wallet. 2.There is already Apple Wallet, Apple Pay, Apple Card. Nobody in technology, at least in the USA, seems to be able to make the marketing for their "payment things" understandable. On the Google side, there is (or was) Google Wallet (OG), Android Pay, Google Pay, gPay, now Google Wallet (new). I don't know which one I shoul…

> How has this industry so royally fucked up something that should be pretty straightforward?

Because... money? Venmo built up the biggest user base and was subsequently bought out by PayPal for big bucks. Zelle was a major initiative by the banks themselves, but too late, I suppose, to sway the habits of the consumers themselves. There was also SquareCash, but they were also too late into the game, particularly because they had no institutional support behind them like Zelle. Lastly, Apple Cash, while particularly convenient, IMHO just did not advertise it well enough. Also, being limited to Apple devices only, kinda misses the point of making payments easy, since you can't be expected to always remember/check which device does your payee have.

Most other service you mentioned were just regular payment processing intermediaries, not p2p solutions like Venmo/Squarecash/Apple Cash.

It's a mess indeed, but at the end of the day, from my experience, Venmo in the US still is the go-to method, seconded only by Zelle.

Re: Apple Cash

#40

Post by bpve »

Isn't this just the same as a virtual pre-paid credit card, which every bank offers nowadays? Except, perhaps this will allow Apple to take our money and use it to invest.
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