Apple’s Peer-To-Peer Payment Service Could Be Coming To Europe

At WWDC 2017 earlier this year, Apple announced iOS 11 which will obviously bring about some changes to the platform. One of those changes is being made to Apple Pay in which Apple will introduce a peer-to-peer payment service which will allow users to transfer money to each other.

Prior to this, Apple Pay was largely used to make payments for purchases at retailers, but with P2P support, users will soon be able to make payments to each other. However the feature was originally announced for the US, but it seems that it could expand to Europe pretty soon thanks to a recent trademark filing which hints at a Europe launch.

The filing was made with the EU IPO for a service called “Apple Pay Cash”. Details are unclear but this is clearly got to do with the P2P payment service that Apple announced earlier this year. For those hearing about this for the first time, how it works is that money will be sent to the user’s Wallet app where it can then be redeemed for Apple Pay purchases or sent to the user’s bank account.

As it stands Apple Pay for Europe is available in the UK, Ireland, France, Spain, Italy, and Switzerland, so it makes sense that Apple Pay Cash would launch in the region as well. We expect more details will be revealed soon, possibly during Apple’s 12th of September iPhone event, so check back with us then for more updates.

Tyler Lee
Categories: Apple, Cellphones
Tags: Apple Pay, iOS, ios 11