● Covered by 1 source · 1 reportLow impact1 neutral
Apple Cash to require identity verification for reloads, may enable external funding
Key points
- Identity verification required for Apple Cash reloads starting November 9.
- Green Dot Bank may enable external funding transactions to Apple Cash.
- Changes to arbitration section also noted in updated terms.
Upcoming Identity Verification
Apple Cash users are being notified of updated terms and conditions. Starting November 9, Green Dot Bank, Apple's partner for Apple Cash, will require identity verification for users to reload their Apple Cash balance. This verification can be completed through the device settings under Wallet & Apple Pay.
Potential for Externally-Initiated Funding
Another change outlined in the updated terms is the potential future enablement of "Externally-Initiated Funding Transactions." This feature, if implemented by Green Dot Bank, would allow users to transfer funds directly from a bank or merchant to their Apple Cash Card, subject to specific limits. A date for this change has not yet been announced.
Arbitration Section Updates
The updated terms also include revisions to the arbitration section. While no specific details on these changes were provided, Apple encourages users to review this section as it pertains to their rights and the process for handling disputes.
✨ This summary was generated by AI from the outlets' reporting listed below. It is not independently verified and may contain errors — check the original sources. How BrevFeed works →
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Reporting from
Apple Cash is updating its terms and conditions, introducing two main changes. Users will soon need to verify their identity to reload their Apple Cash balance, and Green Dot Bank may enable externally-initiated funding transactions in the future.