Alongside the launch of iOS 11.2, Apple unveiled an extension to its Apple Pay mobile payment service. The extension covered a rather important aspect, the peer-to-peer payment transfer. In addition to this, Apple this February also stated that the company would be rolling out its mobile payment system in Brazil in the near future. Now, as per reports, the rollout has begun and Apple Pay Cash is starting to appear in several international markets, which includes Brazil. So let's dive in to see some more details on the subject.
Apple Pay Cash Starting To Hit International Markets
As we have mentioned earlier, Apple Pay is starting to appear in some international markets. The first signs appeared in countries like Spain and Ireland as noted by several people on Twitter. In addition to this, Apple Pay Cash option also started appearing in the United Kingdom. Initially, Apple Pay was rolled out in the United States only. Now, it seems that the company is ready to make it available in other regions of the world as well.
— Manuel Arroyo (@ironcatan) February 23, 2018
The feature basically allows peer-to-peer transactions using a debit, credit or any kind of card. However, do take note that transactions are free for debit cards but when using a credit card, you will be charged a 3 percent fee. Another important aspect to note here is that while users might be able to send money internationally between countries, a hefty fee is levied. In addition to this, no other P2P service provider currently offers international transfer of funds.
Users in Brazil have also confirmed that they are seeing the Apple Pay Cash option. It's definitely good to see Apple Pay embarking on making the service standard across the globe. If not now, the service will see a wide expansion in the near future. There will be more to this story, so be sure to stay tuned in for more details.
This is all for now, folks. What are your thoughts on Apple Pay Cash starting to roll out in international markets? Are you waiting for the extension to reach your region? Share your views with us in the comments section below.
News Source: 9to5mac