Apple Pay could soon take on Venmo, Square Cash with money-transfer service

apple pay money transfer report iphone 6s xlarge
Apple is getting serious about expanding its digital wallet service into money transfers, and could announce the new service later this year. The feature would transform Apple Pay into a competitor to apps like PayPal’s Venmo and Square Cash, which allow users to send money to one and another through the use of an attached bank account or credit card, Recode reports.

The article cites sources familiar with the company’s plans, but offers conflicting reports; one source says a formal announcement can be expected later this year, while another says the launch is still up in the air. Either way, Apple was rumored to be considering such a service back in 2015, but nothing materialized after it convened with several large American banks.

If money transfers through Apple Pay are indeed back on again, it could prove to be a massive boon to the company’s platform. While Apple Pay was reported to be the leading digital payment system in the United States back in February, there’s still enormous room for growth as new retailers support the service and make it more ubiquitous.

To that end, another report claims Apple Pay may actually leave the iPhone in the form of a physical prepaid debit card, which could use those funds acquired through money transfers. Of course, those funds would be available on the device as well, but a physical card adds the benefit of a credit card number, which could be used for payments on websites. Recode says the card would run on Visa’s network, and the two companies were recently in talks about the partnership.

Financial institutions, however, are worried such a move would bolster Apple Pay at the expense of their own credit and debit cards, as the company could easily give priority to its payment method within the app while downplaying everything else. It’s rumored that these companies could be pressuring Visa against working with Apple — possibly delaying the related money-transfer service and contributing to Apple’s indecision over when and how to launch the effort.

Apple

iPhone users are finding themselves randomly locked out of their Apple ID

According to posts on Reddit and Twitter, it looks like users on Reddit and Twitter having some issues with their Apple accounts. Specifically, it seems as though users are getting randomly locked out of their Apple IDs.
Home Theater

A recent Twitter leak may show the upcoming AirPods 2 model

Apple plans to release new AirPods much the same as it does new iPhones, and a wireless charging case, water resistance, and better Siri integration are among the improvements we can expect in future models.
Music

Music to our ears: Spotify at long last arrives on the Apple Watch

Spotify subscribers are now able to jam out to their favorite tunes on their favorite workout accessory, as the Swedish streaming service has finally released its official Apple Watch app.
Cars

Waymo will launch its commercial autonomous ridesharing service in December

Waymo will launch a commercial ridesharing service using self-driving cars in December, according to a new report. As previously discussed by Waymo, the service will operate in specific areas around Phoenix, Arizona.
Cars

Uber rolls out rewards program that lets its most loyal riders lock in prices

Uber launched a new loyalty program today called Uber Rewards. It offers frequent riders credits to Uber Eats, car upgrades, and the ability to lock in prices on their most traveled routes.
Gaming

15 tips for keeping your vault-dwellers alive in ‘Fallout Shelter’

The wasteland can be an unfriendly place, if you don't know what you're doing. Here are 15 tips that will help your vault thrive in Fallout Shelter, including information on questing.
Mobile

Motorola Moto G7: Here’s everything we know

The Moto G6 range is still relatively new to the market, but rumors have already started about the Moto G7, which is expected some time in 2019. Apparently, a G7 Power version will be joining the G7, G7 Play, and G7 Plus.
Mobile

T-Mobile's new Revvl 2, Revvl 2 Plus are now available for purchase

Last year, T-Mobile launched its own line of branded smartphones. As a follow-up to their predecessors, the carrier has unveiled the Revvl 2 and Revvl 2 Plus -- complete with a sleeker design. Here's everything you need to know.
Mobile

How to take great photos with the Pixel 3, the best camera phone around

You’ve scored yourself a new Google Pixel 3 or Pixel 3 XL, and you want to take advantage of that incredible camera. We’ve got everything you need to know right here about how to snap the best photos with your Pixel 3.
Wearables

Google's Wear OS update 'H' promises battery life improvements

Google has rebranded its Android Wear operating system to Wear OS. Removing the Android name may help people better understand Google-powered smartwatches, which also play nice with iOS devices. 
Smart Home

Huawei could soon take on Google and Amazon with a new digital assistant

According to a report from CNBC, Huawei is working on a new digital assistant that could try to take on the likes of Google and Amazon's Alexa. Huawei already has a digital assistant in China, but the new one will be aimed at markets…
Mobile

Leak shows a third, budget Google Pixel 3 with a Snapdragon 670, headphone jack

The Google Pixel 3 and Pixel 3 XL are considered to be two of the best Android smartphones, but it looks like Google could be prepping a third. A budget Pixel 3 device that boasts some of the best features of the other two has been leaked.
Mobile

Use multiple phone numbers on one device with Verizon’s ‘My Numbers’ app

For those who have separate phone numbers and devices for your work and personal lives, Verizon wants to help you get more organized. With its new "My Numbers" app, you can use up to four additional phone numbers on a single smartphone.
Mobile

Need a quick battery boost? Try one of our favorite portable chargers

Battery life still tops the polls when it comes to smartphone concerns. If it’s bugging you, then maybe it’s time to snag yourself a portable charger. Here are our picks of the best portable chargers.