Apple Cash, formerly known as Apple Pay Cash, may be moving from the Discover payment network to Visa, a new report from MacRumors suggests. Visa has a much larger global network than Discover, which could explain the move.
Since its launch in 2017, Apple Pay Cash had a partnership with Green Dot Bank on the Discover network, but in recent days, users have noticed that Apple Cash virtual cards now have a Visa logo on them. Virtual Apple Cash cards live in users’ mobile Apple Pay wallets and allow them to send peer-to-peer payments via iMessage. They work like virtual debit cards and can be linked to a bank account or other debit card. Apple Card customers’ cash back earnings can also be deposited into Apple Cash accounts.
Apple didn’t immediately respond to a request for comment Friday, so we don’t know if this transition will happen for all Apple Cash users and when. But MacRumors says users with a Discover Apple Cash account can generate a new Apple Cash account number on the Visa network by deactivating Apple Cash in their device settings (I was unable to reproduce this on my own device until now) and then re-activating .