Soon, you’ll be able to make payments to friends on an iPhone or Apple Watch via Apple Pay. In the meantime, a public beta will let “friends and family” test it pre-launch. Apple Pay users can already make merchant payments. As an extension of this service iPhone users will be able to transact with any other iPhone user to make payments, receive payments, and use the card associated with their Apple Pay Cash account as a store of value. In summary, Apple is transforming into a bank. https://www.linkedin.com/pulse/banking-apple-paul-shetler/?