iMessage will soon let you send your friends money

First, there was PayPal. Then, there was Venmo (which PayPal now owns), plus some other cash-sharing attempts by apps like Snapchat and Facebook. But the newest app to offer the ability to pay and request money from friends is one that iPhone users are probably quite familiar with already: iMessage, Apple's texting app, and the added feature makes so much sense.

As reported by Time, Apple confirmed the news at the Apple Worldwide Developers Conference (WWDC) on Monday. The money-sharing service will connect with Apple Pay, and users will have to download an iMessage app (essentially, an add-on for iMessage that is offered in three categories: games, apps, and stickers) in order to get the feature to work in iMessage. Time explains that when iOS 11 drops for iPhone and iPad, users will be able to start using the service, which will also be available on the second-generation Apple Watch.

If you're already picturing friends (or enemies) grabbing your phone and iMessaging themselves the entire contents of your bank account, fear not—you can turn on fingerprint authentication for all iMessage transactions.

Otherwise, sending money via iMessage seems like it will be relatively simple, and since so many iPhone users use iMessage as their primary form of communication within the iPhone, incorporating this feature is a no-brainer. And while Venmo is its own brand of fun—who would've thought money-sharing would have ever become a form of social media?—it will take the pressure off having to think of the perfect funny comment to write every time you pay your bestie back for fries. Of course, it goes without saying that non-iPhone users will be excluded from the iMessage cash flow, so don't go deleting trusty Venmo from your app trove.

iMessage peer-to-peer payments is not the only announcement the tech giant made at WWDC on Monday. As reported by Time, Apple also announced the release of the HomePod, its own version of Alexa or Google Home; new models of the iPad Pro; augmented reality apps for the iPhone and iPad; an updated iMac, MacBook, and MacBook Pro; and newly designed Apple Watches.

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Andrew Harrer/Bloomberg via Getty ImagesAndrew Harrer/Bloomberg via Getty Images