According to the Apple Company, US iPhone users will soon be able to see their PayPal balance right in the Apple Wallet.
“In the coming year, customers in the US will also have the ability to view their PayPal balance when making purchases using their PayPal debit card in Apple Wallet, providing them with more transparency and trust when shopping,” the company announced today, in celebration of Apple Pay’s tenth anniversary.
As an element of iOS8.1, Apple Pay first debuted in the United States on October 14, 2014. These days, hundreds of millions of individuals all across the world use the service. When you use Apple Pay on your iPhone, iPad, Mac, or Apple Watch, you gain access to a world of comfort. Hundreds of millions of retailers and millions of websites accept the mobile payment service in seventy-eight markets. The service is backed by over 11,000 bank and network partners.
In addition, it introduced a new method for using Apple Pay on “other computers” or third-party browsers that do not yet support the feature. In order to finish the online purchase with Apple Pay, you will need to take out your iPhone and scan a QR code placed on the screen.
Additionally, Apple Pay installment loans are expanding to include new buy-now-pay-later suppliers, such as Klarna in the US and UK and, eventually, in Canada. In a separate press statement, Klarma verified the news. U.S. banks Citi, Synchrony, and Fiserv, Australian banks ANZ and DBS, Singaporean banks CaixaBank, and British banks HSBC, NewDay, and Zilch will all be added to the list in the near future. Later on, the company will add more participating issuers.
With iOS 18.0, iPadOS 18.0, macOS Sequoia 15.0, and watchOS 11.0 or later, you can make installment payments with Apple Pay with Affirm in the US and Monzo Flex in the UK. When using Apple Pay at checkout, choose “Other Cards & Pay Later Options” to have access to Klarna and Affirm installment loans.
With the new Tap to Provision function in iOS 18.0, you can add a compatible credit or debit card to your iPhone’s Wallet by tapping it against the back of the device. Another new feature, Tap to Cash, allows you to swap Apple Cash simply holding two iPhones together. It’s part of iOS 18’s Wallet.
The Wallet app in iOS 18 got an upgrade and additional features, and Ticketmaster was the first issuer to indicate that the app’s interactive ticketing experience will be improved. If Apple wants to avoid legal trouble in the EU over its NFC chip, which was previously reserved for Apple Pay, it can wait until the iOS 18.1 update, which will let third-party apps to use the chip. Because of this, apps like PayPal or Revolut can now offer in-app contactless payments.
Source: APPLE
