Overview
- Apple has begun emailing Apple Cash users, Monday, to summarize revised Green Dot Bank terms that affect how the service is funded and handled.
- Beginning November 9, Green Dot Bank will require identity verification for any reload of an Apple Cash balance rather than only for larger transfers.
- Users who cannot complete verification will be blocked from adding money or sending and receiving payments but may still spend existing Apple Cash and move balances to a linked bank account.
- The updated terms disclose a possible future feature called “Externally-Initiated Funding Transactions,” which could let banks or merchants push funds directly to Apple Cash though no roll‑out date is given.
- Apple says verification can be completed in Settings > Wallet & Apple Pay > Apple Cash and that iOS 27 users in states with supported digital driver’s licenses may use a Wallet‑stored ID; Apple also highlighted changes to arbitration and urged users to review their rights.