Apple Pay Cash
Apple had announced iOS 11 at the WWDC event in June 2017, with a new feature called “Apple Pay Cash”. It is where you can send cash or payments to your friends or recipients, without the need of a bank transfer.
Twitter user, @AppleR669, mentioned that according to an online search on IPOS, Apple had registered the trademark and the application is currently pending examination.
This might suggest that the feature could be coming soon when iOS 11 drops. However, not only it is registered in Singapore, but also in some countries.