A Quartz report citing banking sources says that Apple is considering the use of iMessage to handle its expected person-to-person service to complement Apple Pay.

One way Apple might add money transfer services to iOS is through iMessage, the proprietary messaging service, according to people who have discussed the program with Apple. It’s already one of the most used default apps on iPhones and is especially popular with the younger crowd.

Apple is reported to be in talks with banks to agree terms for the service. It’s believed that Apple wants banks to act as the payment processors so that it can steer clear of the murky world of financial regulation, leaving it to do what it does best: the front-end.

iMessage already uses strong end-to-end encryption, something that has led to disputes between Apple and various governments.

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