Apple Pay Cash is now available for users in the United States

New iOS 11.2 update brings Apple Pay Cash, fast wireless charging and tons of bug fixes

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As it turns out, this version also brings the long awaited Apple Pay Cash, which allows users to send payments between each other, but users will have to wait more for it.

The money will be stored in an Apple Pay Cash card in the Wallet app for the recipients. Bank accounts that support the service can also receive transfers from Apple Pay as well.

There are limits on the amount of money that you can send and received per day and per transaction. From there, confirm your payment with your passcode, fingerprint or face. The cash is sent using a linked credit or debit card. The good news is that the gang in Cupertino have now flicked the switch turning on Apple Pay Cash.

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The newly released update also ships with three new Live wallpapers exclusively for the iPhone X smartphone. If you don't have Apple Pay set up on your phone don't worry you can still receive cash from family or friends without having to install a new app or add a new card. Along with these basics, you need to have two-factor authentication on your iOS device for maximum security while using this app.

Once the money arrives to the Apple Pay Cash card, it's immediately usable anywhere that accepts Apple Pay. Those funds can then be used to make purchases in stores or online, or users can transfer the money to their bank account.

Unlike its competitors, Apple Pay Cash doesn't work on Android devices.

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Apple has teased the service for some time, first revealing it back in June at WWDC. Right now Apple launched the second upgrade for iOS 11, iOS 11.2.

Now, beta users have begun to test out the service, which will roll out publicly with iOS 11.2 and watchOS 4.2. Apple accomplishes this through the use of virtual prepaid accounts managed through Green Dot's GoBank.

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