Apple notifies Apple Cash users about two upcoming changes

Apple Cash users have been informed of two forthcoming modifications to the service's terms and conditions. The email update from Apple comes as the bank, Green Dot Bank, revises its own terms page, highlighting notable alterations.

Firstly, effective November 9, Green Dot Bank will mandate identity verification for Apple Cash users looking to reload their balances. To complete this process, users can navigate to Settings > Wallet & Apple Pay > Apple Cash on their device. Additional guidance on the verification procedure can be found on the Apple website.

The second upcoming alteration pertains to "Externally-Initiated Funding Transactions." While a specific date for implementation has not been disclosed, this feature will grant users the capability to transfer funds directly from a bank or merchant to their Apple Cash Card, subject to certain limits. Green Dot Bank maintains the discretion to enable this feature at a later time.

Lastly, Apple emphasizes the revised arbitration section within Green Dot's terms. Although no specific updates are detailed, Apple advises users to review these changes, as they encompass user rights and the process for addressing disputes.