Get ready to show some ID, Apple Cash users! Starting October 4th, Apple is making it harder to send big bucks using their peer-to-peer payment service. If you want to send more than $500 at a time, you’ll need to verify your identity.
This means you’ll have to upload a copy of your driver’s license or passport and answer a few personal questions. It’s like a mini-background check, but for your digital wallet.
The new rule is part of Apple’s efforts to keep your money safe. With the ability to send cash instantly using just a tap, Apple wants to make sure bad actors don’t take advantage of the system. So, get ready to show your papers if you’re planning on sending a big chunk of change through Apple Cash.
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