Apple Pay Cash and person to person payments limits

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iOS 11.2 is available now as a free update and is required to make person to person payments and use Apple Pay Cash on iPhone and iPad.

It was supposed to launch with iOS 11, the latest version of the operating system underlying the iPhone that Apple released in September. On Tuesday, Apple announced in a press release that customers in the states can use Apple Pay to send money to friends and family "quickly, easily and securely".

Apple customers who have not set up Apple Pay up on their supported device can still receive money, according to Apple.

Want to know more about using Apple Pay Cash? They can view their Apple Pay Cash transaction history in the Wallet app.

Apple Pay P2P, which works only on iPhone, iPad and Apple Watch devices, does not require users to install an additional app or create an account. The process is quick and easy for those who have already filed a card with Apple Pay.

First, tap the App Store icon next to the box where you type messages.

The service asks you to confirm the payment before you make it.

. Payments are not available in group chats on iMessage.

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On Monday, the company launched Apple Pay Cash.

Is Apple Pay Cash Free To Use? People use the the PayPal-owned mobile person-to-person payment service to pay rent, split bar tabs, and hold fundraisers. However, a three percent fee is applied when sending money using a credit card.

You'll also have to agree to Apple's terms and conditions.

Apple Pay Cash comes with some limitations.

You'll need to verify your identity.

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If you pay with a credit card instead, Apple will charge 3% a transaction. Money you receive will be added to the Apple Pay Cash card in your Apple Wallet. In a 7-day timeframe, users can add up to $10,000.

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