When will Apple Pay Cash launch in Canada? If a recent trademark filing in Canada is any indication, it could be destined here sometime in the future, as spotted by MobileSyrup. The filing was made on September 1, 2017 and was formalized on September 6, 2017.
Apple had Toronto law firm Baker & Mckenzie LLP as their representative and agent for the filing in Canada.
Apple Pay Cash allows peer-to-peer money transfers for iOS users, but it’s only available in the U.S. (coming in a future iOS 11 and watchOS 4 update). The feature allows users to send money easily via iMessage or Siri, which is then received by the recipient into an Apple Pay Cash card within the Wallet app. From here, users can spend cash using Apple Pay or transfer funds into their bank account.
The description of the service is as follows:
Computer software used to process mobile payments; computer software for use in contactless transactions with retailers, merchants, and vendors via mobile devices used to process mobile payments; computer software for transmitting, processing, facilitating, verifying, and authenticating credit and debit card information and transaction and payment information; computer software for ensuring the security of mobile payments, of contactless transactions with retailers, merchants and vendors via mobile devices, and of credit and debit card information; computer software for the storage, transmission, verification, and authentication of credit and debit card and other payment and transaction information; computer software for use in connection with the electronic storage, transmission, presentation, verification, authentication, and redemption of coupons, rebates, discounts, incentives, and special offers; computer software for use in connection with consumer loyalty programs and loyalty cards used to access and use loyalty points; computer software for use in connection with electronic payment and funds transfers
Apple Pay Cash is the way sending and receiving money with an Interac e-Transfer should be, unlike the latter’s implementation which requires a security question and answer to complete transactions.
Are you interested in having Apple Pay Cash land in Canada? Despite the filing, there’s no guarantee the feature will launch here, but it does give users hope.