4 Reasons Apple Pay Usage Is Going to Explode in the Coming Months

Apple Pay Cash was first announced in June but still hasn’t been released to the public or developers. Nonetheless, Apple has promised the Messages feature will arrive this fall. When it does, it could bring person-to-person payments (P2P) to a new level.

With Apple Pay Cash, you can send and receive money from friends and family quickly and securely right from Messages. Additionally, you can tell Siri to pay someone, using the credit and debit cards you have in your digital wallet. When users get paid, they receive the money in their new Apple Pay Cash card in Apple Wallet and can use the money instantly.

Launch date: Coming this “fall,” according to Apple.

Earlier this week, Wells Fargo announced more than 5,000 of its ATMs around the United States now work with “tap and pay” near-field communication (NFC). This number is expected to rise to 13,000 ATMs over the next few years.

With NFC, Wells Fargo customers can initiate an ATM transaction by holding their iPhone or Apple Watch with mobile payment functionality near the machine’s NFC-enabled terminal. You’ll then need to enter your PIN to complete the transaction.

Assume Wells Fargo finds success, other banks should follow, no?

Launch date: Watch for the number of Apple Pay-supported ATMs to rise in the coming months and years.

On Wednesday, Discover announced that customers can now claim Cashback Bonus for Apple Pay transactions through the iPhone’s Wallet app.

To redeem, follow these directions:

• Select your Discover card in Apple Pay and make a qualifying purchase*
• Select “Tap for Details” under the Discover redemption message in Apple Wallet
• Then tap to redeem your Cashback Bonus as a statement credit in the amount of your purchase

At launch, T-Mobile customers can only redeem bonuses when conneced to Wi-Fi.

Launch date: Available now with other credit card companies perhaps following.

Beginning next month, iPhone X users will become the first to use Face ID to make payments with Apple Pay. By itself, this introduction probably won’t make people use Apple Pay more than before. However, it does represent yet another way to use the service.

Apple Pay is now available through Touch ID on iOS devices and specific Macs. Very soon, we’ll also be able to make purchases using our faces. How cool is that?

Launch date: The iPhone X arrives on Face ID on Nov. 3. Watch for Face ID to make the leap to other iOS devices next year.

How often do you use Apple Pay? Let us know below.