The iOS 17.4 beta, with its groundbreaking innovation, now allows users to create virtual card numbers for Apple Cash. The main objective of this game-changing addition is to upgrade the user experience by addressing a notable flaw of Apple's native peer-to-peer payment service, which is frequently compared to Venmo.

Recent reports fueled by user accounts on Reddit over the past few weeks have shed light on this innovative functionality. With the introduction of virtual card numbers, iPhone users can utilize Apple Cash for payments even in scenarios where Apple Pay is not readily available, presenting a notable enhancement to the service.

Apple Cash Enhancements in iOS 17.4 Beta: Virtual Card Numbers for Seamless Transactions

While the 17.4 beta is progressively reaching users, not everyone can access this feature immediately.

To check if your device has received the update, navigate to the Wallet app, select your Apple Cash card, and watch for a message encouraging you to set up a virtual card number. The setup process is conveniently streamlined into a straightforward two-step procedure.

Upon successfully creating the virtual card number, users can access detailed information by tapping the three dots menu in the top right corner. This information encompasses crucial details such as the expiration date and a three-digit security code. It's worth noting that Apple Cash employs a distinct card number for Apple Pay transactions. This additional card number can be accessed by tapping "Additional Card Numbers," providing users with a seamless experience.

This feature is a game-changer for avid Apple Cash users, especially in locations where Apple Pay acceptance is not universal. The ability to autofill the Apple Cash card number alleviates the need for traditional bank transfers, which often incur small fees. Users can now enjoy the convenience of direct transactions without the hassle of transferring funds to their bank accounts, choosing between instant transfers incurring a nominal fee or the free 1 to 3 business day alternative.

As the iOS 17.4 beta unfolds, Apple enthusiasts eagerly anticipate the broader rollout of this transformative feature. Apple's dedication to innovation is demonstrated by the incorporation of virtual card numbers for Apple Cash, which pushes the envelope of its offerings to give customers more flexibility and ease when transacting digitally. Apple's payment ecosystem has advanced significantly with this exciting development.

Some Major Advancements of Apple in Response to the DMA

Apple is making significant adjustments to its EU operations in response to the Digital Markets Act of the European Commission, emphasizing the future iOS 17.4 upgrade. The update introduces features such as sideloading for the iOS platform and the inclusion of third-party payment channels outside the App Store.

Apple Pay is undergoing a significant transformation, granting exclusive access to the iPhone and Apple Watch's NFC hardware for contactless payments via the Wallet app.

iOS 17.4 is set to extend NFC chip access to third-party payment platforms in the EU, aligning with the Digital Markets Act. However, features like Apple Cash's new virtual card number for debit transactions will be available in the US, showcasing a dual approach to compliance and innovation.