Apple to Require Identity Verification for Sending $500+ in Apple Cash Starting in October

Apple today began sending out emails to customers letting them know about upcoming changes that are being made to the Apple Cash Terms and Conditions.

ios 18 tap to cash
iOS 18 and watchOS 11 introduce Tap to Cash, a feature that allows users to exchange Apple Cash in person by holding an iPhone or Apple Watch near another ‌iPhone‌ or Apple Watch. As part of this feature implementation, Apple is changing the identity verification rules surrounding Apple Cash.

Starting on October 4, Apple will require that ‌iPhone‌ and Apple Watch users verify their identity to send more than a total of $500 in peer-to-peer transfers, which includes sending Apple Cash via Messages and making Tap to Cash payments. Identity verification is required whether sending money from an Apple Cash balance or from a supported card in the Wallet app. Prior transactions will count toward the limit that will trigger identity verification.

Apple already requires identity verification for Apple Cash for those who use the feature frequently. Apple's support document says that users cannot add or receive $500 or more in total without identity verification, so it sounds like verification will also be required when sending large amounts of money as of October.

Identify verification for Apple Cash involves taking photos of a driver's license or ID card, as well as answering personal history questions and providing information like home address, date of birth, and social security number.

Identity verification for sending payments makes sense as Tap to Cash will allow money to be exchanged without being accompanied by personal information like phone number. Tap to Cash is designed for private in-person transactions where Apple Cash is exchanged.

Apple's email to customers also says that it is adding the Vision Pro as a supported device for Apple Cash and that weekly peer-to-peer transfer limits will apply to transfers that are sent as well as received. Apple allows users to send or receive a maximum of $10,000 within a 7-day period.

Popular Stories

AirPods Pro 3 Mock Feature

AirPods Pro 3 Just Months Away – Here's What We Know

Friday April 18, 2025 5:16 am PDT by
Despite being more than two years old, Apple's AirPods Pro 2 still dominate the premium wireless‑earbud space, thanks to a potent mix of top‑tier audio, class‑leading noise cancellation, and Apple's habit of delivering major new features through software updates. With AirPods Pro 3 widely expected to arrive in 2025, prospective buyers now face a familiar dilemma: snap up the proven...
iphone 17 air dummy unbox therapy

iPhone 17 Air's Extreme Thinness Demoed in New Video

Tuesday April 22, 2025 10:22 am PDT by
Apple plans to release an all-new super thin iPhone this year, debuting it alongside the iPhone 17, iPhone 17 Pro, and iPhone 17 Pro Max. We've seen pictures of dummy models, cases, and renders with the design, but Lewis Hilsenteger of Unbox Therapy today showed off newer dummy models that give us a better idea of just how thin the "iPhone 17 Air" will be. The iPhone 17 Air is expected to be ...
iphone 17 dummies sonny dickson

iPhone 17 Air Almost as Thin as Its Buttons, New Images Show

Thursday April 24, 2025 2:14 am PDT by
If you missed the video showing dummy models of Apple's all-new super thin iPhone 17 Air that's expected later this year, Sonny Dickson this morning shared some further images of the device in close alignment with the other dummy models in the iPhone 17 lineup, indicating just how thin it is likely to be in comparison. The iPhone 17 Air is expected to be around 5.5mm thick – with a thicker ...
ipad air windows 11 arm

M2 iPad Air Runs Windows 11 ARM via Emulation, Thanks to EU Rules

Tuesday April 22, 2025 5:01 am PDT by
A developer has demonstrated Windows 11 ARM running on an M2 iPad Air using emulation, which has become much easier since the EU's Digital Markets Act (DMA) regulations came into effect. As spotted by Windows Latest, NTDev shared an instance of the emulation on social media and posted a video on YouTube (embedded below) demonstrating it in action. The achievement relies on new EU regulatory...
iPhone 17 Pro Blue Feature Tighter Crop

iPhone 17 Pro Launching Later This Year With These 13 New Features

Wednesday April 23, 2025 8:31 am PDT by
While the iPhone 17 Pro and iPhone 17 Pro Max are not expected to launch until September, there are already plenty of rumors about the devices. Below, we recap key changes rumored for the iPhone 17 Pro models as of April 2025: Aluminum frame: iPhone 17 Pro models are rumored to have an aluminum frame, whereas the iPhone 15 Pro and iPhone 16 Pro models have a titanium frame, and the iPhone ...
iphone 16 pro models 1

17 Reasons to Wait for the iPhone 17

Thursday April 17, 2025 4:12 am PDT by
Apple's iPhone development roadmap runs several years into the future and the company is continually working with suppliers on several successive iPhone models simultaneously, which is why we often get rumored features months ahead of launch. The iPhone 17 series is no different, and we already have a good idea of what to expect from Apple's 2025 smartphone lineup. If you skipped the iPhone...
iOS 18

iOS 18.5 Includes Only a Few Changes So Far

Monday April 21, 2025 11:00 am PDT by
Apple seeded the third beta of iOS 18.5 to developers today, and so far the software update includes only a few minor changes. The changes are in the Mail and Settings apps. In the Mail app, you can now easily turn off contact photos directly within the app, by tapping on the circle with three dots in the top-right corner. In the Settings app, AppleCare+ coverage information is more...
iPhone 17 Air Pastel Feature

iPhone 17 Air Launching Later This Year With These 16 New Features

Thursday April 24, 2025 8:24 am PDT by
While the so-called "iPhone 17 Air" is not expected to launch until September, there are already plenty of rumors about the ultra-thin device. Overall, the iPhone 17 Air sounds like a mixed bag. While the device is expected to have an impressively thin and light design, rumors indicate it will have some compromises compared to iPhone 17 Pro models, including only a single rear camera, a...

Top Rated Comments

DVDxR Avatar
9 months ago
You already did

I can send cash to people via Zelle etc. with no identity verification. More than $500.


No you can't, you just don't realize it because your identity in Zelle is tied to your bank account, who already did the identity verification.

As for why, most likely it's to comply with US Know Your Customer (KYC) requirements and they have no say in it.
Score: 22 Votes (Like | Disagree)
centauratlas Avatar
9 months ago
Probably KYC related being required by governments.
Score: 13 Votes (Like | Disagree)
turbineseaplane Avatar
9 months ago
This seems smart

I have no issues with this and certainly feel more comfortable doing identity verification with a company like Apple vs many random alternatives
Score: 11 Votes (Like | Disagree)
sdf Avatar
9 months ago

Likely for tax purposes, yes, but with all the data leaks and how much data is already out there, people are getting less and less likely to provide this much data to any one company, even Apple.
Likely a legal requirement for Apple to do this as an anti-laundering measure. As for whether people use it, the only untracked alternative in the log run is probably going to be cash.
Score: 9 Votes (Like | Disagree)
WarmWinterHat Avatar
9 months ago

Yay, more reasons for crypto!
There is never a reason for crypto.

If you care that much, use cash..
Score: 9 Votes (Like | Disagree)
coffeemilktea Avatar
9 months ago

users cannot add or receive $500 or more in total without identity verification

as well as answering personal history questions and providing information like home address, date of birth, and social security number.
I wonder if this will eventually get used for tax purposes? ?

I remember people on Twitter kicking up a fuss since you could potentially be taxed if you receive more than $600 on PayPal ('https://www.paypal.com/us/cshelp/article/will-paypal-report-my-sales-to-the-irs-help543') (it used to require at least $20,000 before the IRS got involved). I imagine the government wants its "fair share" of your Apple Cash transactions too. ?
Score: 9 Votes (Like | Disagree)