TL;DRApple is preparing a bill-splitting feature for iOS 27 that photographs receipts, assigns items to individuals, and generates Apple Cash payment requests. The tool, expected to be announced at WWDC, competes directly with Splitwise, Venmo, and Cash App.
Apple is preparing a new iPhone feature that lets users photograph a restaurant receipt, assign individual items to different people, and automatically generate payment requests through Apple Cash. The tool will calculate each person’s share of the bill including item costs, tax, and tip, Bloomberg reported on Monday, citing people with knowledge of the plan. Apple aims to announce the feature at its Worldwide Developers Conference as early as next week and ship it as part of iOS 27 this autumn.
The feature will be accessible through the Wallet app and within Messages, with an option to approve payments from an Apple Watch. Shares of PayPal and Block, which owns Cash App, pared their Monday gains on the news. Apple has been competing with Venmo and Cash App in peer-to-peer payments since integrating Apple Cash into iMessage, but the bill-splitting tool represents a more direct assault on the social payments category that third-party apps have dominated.
