Apple released the first beta of iOS 12.3 for developers. The new release includes code to support some of the new services and features announced during the “It’s show time” event on Monday.
One of the new services announced at the event was the new Apple Card, a credit card designed by Apple for a healthier financial life. The card is integrated in the Wallet app and can be used anywhere Apple Pay is accepted, which gives the user 2% cash back with Daily Cash.
Physical credit cards usually arrive locked, some require the user to use an app to unlock the card, others require the card owner to call the bank in order to unlock it. Since Apple Card only has a user’s name on it, no CVV, or number, Apple designed a brand new way to unlock the card.
To unlock Apple Card, users will be asked to put it next to their iPhone, which will then display a user interface similar to the one used to pair AirPods, HomePod, and other devices. A simple button press will then do the process of activating the card with the user’s account.
Here’s a video showing the process happening: