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Apple to Require Identity Verification for Sending $500+ in Apple Cash Starting in October
Apple today began sending out emails to customers letting them know about upcoming changes that are being made to the Apple Cash Terms and...
Identity verification is required whether sending money from an Apple Cash balance or from a supported card in the Wallet app. Identify verification for Apple Cash involves taking photos of a driver's license or ID card, as well as answering personal history questions and providing information like home address, date of birth, and social security number. Identity verification for sending payments makes sense as Tap to Cash will allow money to be exchanged without being accompanied by personal information like phone number.
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