Author: Kim Lyons
Apple Cash debit cards may be switching from Discover to Visa. | Illustration by Alex Castro / The Verge
Apple Cash, formerly known as Apple Pay Cash, may be transitioning from the Discover payments network to Visa, a new report from MacRumors suggests. Visa has a much larger global network than Discover, which might account for the move.
Since its launch in 2017, Apple Pay Cash had a partnership with Green Dot Bank on Discover’s network, but in recent days, users have noticed that Apple Cash virtual cards now have a Visa logo on them. Apple Cash virtual cards live in users’ Apple Pay mobile wallets, and let them send peer-to-peer payments via iMessage. They function like virtual debit cards, and can be linked to a bank account or other debit card. Apple Card customers’ cash back earnings can be paid to Apple Cash accounts as well.
Apple...
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Apple Cash debit cards may be switching from Discover to Visa. | Illustration by Alex Castro / The Verge
Apple Cash, formerly known as Apple Pay Cash, may be transitioning from the Discover payments network to Visa, a new report from MacRumors suggests. Visa has a much larger global network than Discover, which might account for the move.
Since its launch in 2017, Apple Pay Cash had a partnership with Green Dot Bank on Discover’s network, but in recent days, users have noticed that Apple Cash virtual cards now have a Visa logo on them. Apple Cash virtual cards live in users’ Apple Pay mobile wallets, and let them send peer-to-peer payments via iMessage. They function like virtual debit cards, and can be linked to a bank account or other debit card. Apple Card customers’ cash back earnings can be paid to Apple Cash accounts as well.
Apple...
Continue reading…
Continue reading...