Apple today unveiled iOS 16 at its WWDC 22 keynote with a ton of new features and improvements for native apps. Wallet also received a ton of new features in the latest software update like the ability to track orders straight within the app and share keys with other users. In addition, the tech giant also introduced Apple Pay Later for Wallet which allows users to fulfill Apple Pay purchases over 4 installments.
All the new Wallet app features in iOS 16
Apple Pay Later will allow users in the United States to split the cost of an Apple Pay purchase into four installments which they can pay over the course of six weeks. The best part of Apple Pay Later? Zero interest and no hidden fees. The feature is built within the Wallet app in iOS 16 so users can easily view, track and repay their payments. “Apple Pay Later is available everywhere Apple Pay is accepted online or in-app, using the Mastercard network,” Apple confirmed in a press release.
Additionally, with Apple Pay Order Tracking, users can receive details about their orders and other tracking information within the Wallet app for purchases with participating merchants.
Lastly, we have keys and IDs which are receiving expanded support in iOS 16. Users can store their ID safely in the Wallet app if apps prompt them to provide identity and age verification. Apple assures users that only the information required for the transaction will be provided to the app. To consent to share the information, Face ID or Touch ID is required.
In iOS 16, users can now share their home, hotel, office, and car keys from their Wallet app to friends and family via Messages, Mail, etc.
During its keynote, Apple announced that Apple Pay users will be able to pay merchants with contactless pay starting this month without the need for any additional hardware or payment terminals.
In addition to new features for Wallet, iOS 16 also includes a redesigned Lock Screen experience, new capabilities in Mail, enhanced intelligence with updates to Live Text and Dictation as well as a new iCloud Shared Photo Library for Family Sharing.
The software update will be released to the general public in the fall alongside the iPhone 14 lineup. The first developer beta of iOS 16 has been released for developers and a public beta will become available in July.