Apple is planning to launch a bill-splitting feature in iOS 27, and may introduce the feature as soon as next week at its Worldwide Developers Conference, Bloomberg's Mark Gurman reports.
Users will be able to take a photo of a receipt, assign items on it to other people and generate requests for payment, according to the report. The payment service will be linked to the company's peer-to-peer payment system Apple Cash, and will be available via its Wallet app and within Messages.
Payment-splitting will likely compete with peer-to-peer payment apps like Venmo and Cash App, and marks Apple's latest foray into financial services, which have been something of a mixed bag for the company.
While its Apple Wallet and Apple Pay features continue to grow in popularity, its Apple Card credit card, which launched in 2019, was not a strong performer for its banking partner Goldman Sachs.
Earlier this year, Goldman reached a deal with JPMorgan Chase to take over its Apple Card business. And Apple's venture into the buy now, pay later marketplace was short-lived, with the company discontinuing its Apple Pay Later program after less than a year.
Apple will be holding WWDC on 8 June, where it's expected to unveil iOS 27, Siri updates, and more.
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