Apple Pay Gaining Person-to-Person Payments Within Messages in iOS 11

I hope that app drawer can be hidden. I don't want that wasting screen real estate all the time when using messages. :(

Confirmed as US only.

It will presumably include a % fee to Apple for every transaction?

If you can use credit cards, via Apple Pay, then there's a credit card interchange fee to be paid by someone. That's how we get air miles etc with credit cards.

They said that when you receive money it goes onto a (presumably virtual) "Apple (something, cash?) Card", and then you can transfer it from there to a bank card, if you want - presumably there may be a transaction fee for transferring, unclear who will pay. I'm guessing they may expect that the interest they get off the money people leave in Apple's hands, day-to-day, will cover the transaction fees for sending it to a bank. If a million people each end up with $5 left on their "card", that they keep there expecting to eventually transfer on to someone else, that's $5 million for Apple to collect interest on. And it'll probably end up being much more than $5 million in their float account.

This is nice ! Now you can pay garage sales via Apple Pay .

So I bet square for Apple is now basically worthless for newer phones?

I was thinking this could be huge for food trucks just as long as the fee schedule is reasonable.

This is nice ! Now you can pay garage sales via Apple Pay .

So I bet square for Apple is now basically worthless for newer phones?

guranteed only in the US