With the arrival of iOS 17.1 beta 1 to developers earlier this week Apple added a new feature that allows people to see their bank transactions and balances within the Wallet app for the first time.
The catch? It’s only available in the UK right now. However, there’s good news — it looks like it will come to the United States, too.
That’s after researcher Aaron on X spotted that Apple is using an Apple Payments Services business name in the UK, while the reference also mentioned an Apple Processing LLC for use in the US.
You permit Apple (Apple Payments Services Ltd (UK) or Apple Processing LLC (US)) to consolidate your account information and provide it to you. We do not store or share this information.
As MacRumors notes, there is now also mention of that same LLC on Apple’s website, suggesting the same Wallet feature will roll out in the US in the future.
If you are in the United States, Connected Cards is provided by Apple Processing LLC; if you are in the United Kingdom, Connected Cards is provided by Apple Payment Services Ltd (together, “Apple”).
However, it isn’t clear when this will happen. The UK implementation uses an Open Banking API, but there is no such thing in the United States and there won’t be until 2024 at the earliest. There’s no word on if or when the feature will roll out to other countries, either.
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