Transferring money on iPhone has never been easier with iOS 18 1

Transferring money on iPhone has never been easier with iOS 18

Tap to cash out

In addition to featuring artificial intelligence at the WWDC 2024 conference, Apple also introduced new, more traditional features for iOS 18, the next major update for iPhones. These include Tap to Cash, a feature that makes it easier to transfer money between friends.

Thanks to NFC technology, you will only need to bring two iPhones together to make payments, just like we do. Airdrop or NameDrop. Simple and fast, this method does not require any phone number or email address, as with Lydia, for example. Frankly, there will be no need to share bank information such as IBAN.

Tap To Cash does not arrive in France immediately

No personal data is sent to the other iPhone during the process. Tap to Cash aims to become one safe and comfortable way For example, to compensate a person after going to a bar or restaurant with friends. This functionality can also be used to pay cash at a fair, flea market, or even at certain businesses.

Tap to Cash will be available in the fall in iOS 18 for iPhone and watchOS 11 for Apple Watch. However, for now, the service will not be officially available in France. It’s actually based on the Apple Cash platform, which allows you to transfer money via the card app. Apple Cash is not currently available here and we don’t know if it will be available in the near future.

In any case, the American company continues to work on finance-related products and functions. Between Apple Pay’s installment payment or the Tap and Pay option for contactless payment at a business, Apple is becoming an increasingly serious player in this industry. We also remember that Tap To Pay arrived in the United States at the beginning of 2022, and we had to wait until the end of 2023 for it to reach France. A similar delay may occur for Tap To Cash.

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