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Apple notifies Apple Cash users about two upcoming changes
9to5Mac • • technology
Key Points:
- Apple Cash users will soon be required to verify their identity to reload their balance, starting November 9, as part of updated terms from Green Dot Bank, Apple’s partner for the service.
- A new feature called “Externally-Initiated Funding Transactions” may be introduced in the future, allowing users to transfer funds directly from a bank or merchant to their Apple Cash Card, though no specific launch date has been provided.
- The updated terms also include changes to the arbitration section, affecting users' rights and dispute resolution processes, with Apple urging users to review these modifications carefully.
- Apple has notified users of these changes via email, encouraging them to complete identity verification through their device settings ahead of the November deadline.
