Apple made a big change to Apple Pay that could kill millennials' favorite payment app

AppleYou can now send and receive money from your friends within Apple Pay.

The new feature was announced at WWDC, Apple's annual developer conference. Much like money transfer app Venmo, Apple Pay can now support peer-to-peer payments.

The feature will be integrated directly into iMessage, so users can send money directly within a conversation with a friend.

The feature will use Touch ID to make sure the transfers are secure.

Once transferred, the money will go into an Apple Pay cash card. You'll then be able to send that card to friends or family, or transfer it directly to your bank.

Apple didn't immediately say whether it would charge either the sender or the recipient for the service.

The feature will be available on iPhone, iPad, and Apple Watch.

Learn more:

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• Credit Card Processing Industry
• List of Credit Card Processing Companies
• List of Credit Card Processing Networks
• List of Payment Gateway Providers
• M-Commerce: Mobile Shopping Trends
• E-Commerce Payment Technologies and Trends

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