Apple Plans Peer-to-Peer Payment Service - The New York Times

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"Apple has said that it wants a bigger slice of the payments industry. Jennifer Bailey, vice president of Apple Pay, said at the company’s annual developer conference in June that Apple’s goal was “replacing the wallet.” 

It remains a long way from that goal. As of October, less than 17 percent of iPhone 6 and 6s users were using Apple Pay, according to data from the research groups PYMNTS.com and InfoScout.

“A peer-to-peer payments product could help Apple’s Wallet gain traction,” said Karen Webster, chief executive of Market Platform Dynamics, a consulting firm that studies platforms like mobile payments."

Apple Plans Peer-to-Peer Payment Service - The New York Times