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Apple Cash to require ID verification for money reloads

Original: Apple Cash Adds ID Check for Reloads, Teases Bank Funding Apple Cash will soon require identity verification to add mone

Apple has begun emailing Apple Cash customers to say that, starting November 9, Green Dot Bank will require identity verification before users can add money to their balances. The change tightens compliance around the peer-to-peer payment service, and the same notices reportedly hint at upcoming support for funding Apple Cash directly from bank accounts.

Why now: Apple users are reacting to a new security step that affects how they add money to Apple Cash.

AppleApple CashGreen Dot Bank

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Evidence

• Apple Cash Adds ID Check for Reloads, Teases Bank Funding Apple Cash will soon require identity verification to add money. In emails going out to customers, Apple explains that starting on November 9, Green Dot Bank will begin requiring users to verify their identity when relo…… · techwire@gamefan.net · 2

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