Apple is preparing to bring receipt scanning into group payments, with a planned iPhone feature that could make shared bills easier to split, Bloomberg reported.
The tool would add another consumer finance feature to Apple’s ecosystem by linking bill-splitting to Apple Cash, its peer-to-peer payments service.
According to the report, users would be able to scan a receipt, select who ordered which items and send payment requests from their iPhone.
The feature is also expected to account for tax and tip when calculating each person’s share.
Apple could introduce the feature at its Worldwide Developers Conference, which begins on 8 June 2026.
The tool is expected to be included in iOS 27, Apple’s next major iPhone software update due later this year.
The feature is expected to work through the Wallet app and Messages, while Apple Watch users would be able to approve payment requests from their wrist.
Bill Splitting Adds to Apple’s Payments Play
The planned service could reduce the need for separate bill-splitting apps such as Splitwise, Tab and Settle Up.
It would also give Apple Cash a more practical role in everyday group payments, an area where apps such as Venmo and Cash App are widely used.
Apple has expanded steadily into payments and consumer finance since launching Apple Pay in 2014.
Its financial services now include Apple Card, Apple Cash, a savings account linked to Apple Card and Tap to Pay on iPhone, which lets businesses accept contactless payments using an iPhone.
The expansion has not been without setbacks. Apple discontinued Apple Pay Later in 2024, about a year after introducing the buy now, pay later service.
Apple and Chase also announced in January 2026 that Chase would become the new issuer of Apple Card, replacing Goldman Sachs over an expected transition period of about 24 months.
Bloomberg also reported that Apple is working on a separate Wallet feature that would allow users to generate their own passes for gyms, events and other venues that do not yet offer native Wallet support.
The Wallet updates are expected to be part of Apple’s broader fall software release, alongside artificial intelligence features, Siri upgrades and performance improvements.
Featured image: Edited by Fintech News Singapore, based on image by freepik via Magnific
