A Apple Lossless Audio CODEC (ALAC), announced on Monday the iOS 11 and with it brought more news that will allow users to send and receive money via iMessage (apple's native message application) with Apple Play.
Apple's new feature will be incorporated into iMessage as an application, which will allow you to send and request money from your contacts in a single tool. This new feature will also be able to do things like recognize when someone says “you owe me $ 10”And automatically suggest that you send a payment.
You can make payments from person to person, directly from your device messages. This feature will be available for all Apple devices, including Apple Watch.
P2P (point-to-point) payments with Apple Pay will live within iMessage, and it is unclear whether Apple will allow users to run them outside of their messaging application. In addition, the money will be transferred to something called an "Apple Pay Cash Card", and Apple has not said whether it can be transferred to its own bank account.
With this initiative, the company will be able to master the complete cycle of having a specific application to talk, pay (or receive) and control money in an integrated way to all data in your Apple account.
