Apple Cash, a new feature that enables users transfer and request money through the Wallet app, is now available on our iPhone thanks to the latest iOS 15.5 update, which is identical to one of Gcash’s functions.
Apple Cash is a digital card that you may access using your Wallet app. Apple Cash can be used to purchase items in stores, online, and through Apple Pay apps. You may check your balance either in your Wallet app or in Settings > Wallet and Apple Pay. As an adult, a user can also create an Apple Cash account for their children under the age of 18 so that they can send money safely and spend it on their own Apple Cash card.
To differentiate Apple Cash from Apple Pay, Apple Cash is a digital card stored in the Wallet app that allows users to send and receive money using Messages or Wallet. The Apple Cash card can be used to make purchases in stores, online, and on other apps.
Apple Pay connects a device to the location where the payment should be made using Near Field Communication (NFC). Apple Pay is a contactless payment system that eliminates the need for a physical card. More information on Apple Pay can be found here.