On some occasion we have talked about this system for sending money that iOS integrates and that can become a comfortable and revolutionary system for sending and receiving money between individuals. Like each of these technologies that seriously jeopardize banks' overcontrol over our financial movements, in Spain there is still a long process ahead for us to enjoy Apple Pay Cash. However, the first results of those who can try it are already coming. Consumer Reports is clear about it, they believe that Apple Pay Cash is by far the best P2P payment system on the market.
This is how after the first Consumer Reports analysis of the system of peer-to-peer payments of the Cupertino company has positioned itself totally undisputed leader compared to platforms that are not exactly small or new, the study has compared Apple Pay Cash to: Square Cash, Facebook Messenger and Zelle. Here in Spain we would miss that the comparison was carried out, for example with Bizum, which taking into account the banks that participate and how easy it is to make money transfers, we know that it is not exactly a small rival, but Consumer Reports has focused evidently in those products that are offered in the United States of America.
Apple Pay Cash is the only one that offers good results in terms of data protection, because its privacy policies greatly limit the information they collect from users and their transactions. Plus, you don't need credit or debit card numbers. Of course, Apple does not sell its customer information, since it is the only one that does not include this "but" in the terms and conditions of the service.
Since last December Apple Pay Cash is available in the United States of America, and while we wait with open arms for it to become another interesting alternative in Spain, where Apple Pay also leads.
I disagree, thinking that it is limited to using it with imessage, it leaves out a large part of users and with the current prices of an iPhone I think that the pool of users with iPhone in Spain for example is not going to increase much. To make a simile, it would be like the blackberry messenegr, at first everyone used it, but it became obsolete when WhatsApp appeared that allowed chats between all devices, not just blackberries.
Take for example the wechat wallet that is used in China, it is the system that is usually used to pay between users or even alipay.