Apple's Venmo rival launches in beta

Time for Venmo, Square Cash, and PayPal to play defense? Apple on Tuesday is set to finally launch its previously announced person-to-person payments service that will let you pay the babysitter, split dinner costs with pals, pay your share of rent to a roommate, or reimburse the kid who cuts you lawn, all through the Messages app on your iPhone or iPad. The service, which is still in beta, also will work with the Apple Watch. Siri promises to lend an assist too, if you bark out a command along the lines of,"Hey Siri, send $25 to Sam for movie tickets." Before you send money through the service, you must securely authenticate the transaction, through Face ID facial recognition on the iPhone X, or the Touch ID fingerprint sensor on other iPhones.