iOS 11's Apple Pay Cash setup may require scanning personal ID
People wanting to fully utilize Apple Pay Cash in iOS 11 may have to scan a photo ID, such as a driver's license, according to the latest beta code discovery.
Lines in the seventh iOS 11 beta reference scanning both the front and back of a card, iHelp BR noted on Friday. If an ID can't be verified, people may be blocked from using person-to-person transfers in Messages, though any Cash balance should continue to work with other Apple Pay transactions.
The ID requirement may -- primarily or in part -- be linked to a minimum age barrier. The exact age limit is unknown, but Apple is presumably concerned about children abusing their parents' bank accounts and/or being lured into scams.
On a basic level, Apple Pay Cash gives users a PayPal-style holding fund, which can be applied to any kind of Apple Pay transaction. It's main purpose, however, is enabling iOS 11's person-to-person transfers. The finished version of iOS 11 is due sometime this fall, most likely next month ahead of the "iPhone 8,", "7s", and "7s Plus."
In the beta code, Apple claims that Cash "works best" with a debit card. That may be a way of steering people away from credit cards, which will incur a 3 percent fee for person-to-person payments.
Lines in the seventh iOS 11 beta reference scanning both the front and back of a card, iHelp BR noted on Friday. If an ID can't be verified, people may be blocked from using person-to-person transfers in Messages, though any Cash balance should continue to work with other Apple Pay transactions.
The ID requirement may -- primarily or in part -- be linked to a minimum age barrier. The exact age limit is unknown, but Apple is presumably concerned about children abusing their parents' bank accounts and/or being lured into scams.
On a basic level, Apple Pay Cash gives users a PayPal-style holding fund, which can be applied to any kind of Apple Pay transaction. It's main purpose, however, is enabling iOS 11's person-to-person transfers. The finished version of iOS 11 is due sometime this fall, most likely next month ahead of the "iPhone 8,", "7s", and "7s Plus."
In the beta code, Apple claims that Cash "works best" with a debit card. That may be a way of steering people away from credit cards, which will incur a 3 percent fee for person-to-person payments.
Comments
Should just lock your credit report with the credit bureaus. It's free to do, and only costs $5 a pop if you want to unlock them. If you do this it's very hard for anyone to get very far with identity theft. It's also a lot cheaper than life lock or whatever monitoring services there are.
smh. I mean really. Do you honestly believe there is even a slim possibility that you won't be able to disable this? Do you have an iphone? Have you not looked at the settings for Touch ID or Apple Pay?
so i steal your wallet with your id and scan it and all your cards and go to town with your money.
i get that having to call is annoying but scanning an ID doesn't really prove you are you. send your bank feedback that they should allow verification via signing into your online account and getting a code, having it sent to a previous set up phone number via text etc or at least have a dedicated number for such phone calls like they do to activate most credit/debit cards when they arrive in the mail. etc
the stuff i could pull off with a bag of most folks trash. just saying
Financial transaction companies have these sorts of requirements as the government tries to avoid money laundering and criminal transfers of cash.
I've been involved in the financial industry as well, and my first thought is that it's related to AML, and being able to fulfill FinCEN and OFAC requirements.