Apple Cash Reloads to Require ID Verification Starting November 9
Apple is notifying Apple Cash users that Green Dot Bank will require identity verification to reload balances from November 9.
Apple is notifying Apple Cash users about upcoming changes to the service's terms and conditions. Starting on November 9, Green Dot Bank will require users to verify their identity in order to reload their Apple Cash balance, according to 9to5mac.com.
Apple partners with Green Dot Bank to offer Apple Cash, a relationship that predates this terms update.
The notification also states that Green Dot Bank may in the future enable Externally-Initiated Funding Transactions for Apple Cash. That would allow transfers directly from a bank or merchant to the Apple Cash Card.
No further details on the verification process or a specific launch date for externally initiated funding were included in the notice.
Quick answers
When does Apple Cash require identity verification to reload?
Starting November 9, Green Dot Bank will require users to verify their identity to reload their Apple Cash balance.
What are Externally-Initiated Funding Transactions for Apple Cash?
They would allow transfers directly from a bank or merchant to the Apple Cash Card. According to the notification, Green Dot Bank may enable them in the future.