Hey Venmo, Apple is coming for the person-to-person payments market
It's common now to hear someone say "I'll Venmo you" when talking about paying someone back.
Some day in the future we my start hearing "I'll Apple you" too.
Apple announced on Monday that it is introducing person-to-person payments within iMessage, a feature that will allow for the easy transfer of money between people on its messaging platform.
This Tweet is currently unavailable. It might be loading or has been removed.
The new features will be part of Apple Pay, the company's payments effort that has slowly been adding new features and partners.
Apple's P2P feature will let you send money to friends and family as well as strangers.
Apple is far from the first company to introduce the feature. Though Venmo has become a popular go-to app for money transfers, both Facebook Messenger and Snapchat have also introduced similar abilities.
Apple's features will be available as part of its new iOS 11 mobile operating system.
Topics Apple
Jason Abbruzzese is a Business Reporter at Mashable. He covers the media and telecom industries with a particular focus on how the Internet is changing these markets and impacting consumers. Prior to working at Mashable, Jason served as Markets Reporter and Web Producer at the Financial Times. Jason holds a B.S. in Journalism from Boston University and an M.A. in International Affairs from Australian National University.
