The feature is part of a broader iOS 27 update that also targets AI enhancements, Siri improvements, photo editing tools, and general performance tweaks.

Apple plans to add iOS 27 Wallet-borne bill-splitting, letting iPhone users snap a photo of a receipt, assign items to different people, and generate payment requests that integrate with Apple Cash, accessible in Wallet, Messages, and on Apple Watch.

Previous Bloomberg reporting on the Create a Pass concept ties into ongoing Wallet expansion, including transit cards and state IDs in various regions.

Apple did not respond to requests for comment regarding the report.

Past challenges include the Apple Card partnership with Goldman Sachs facing financial hurdles and the company’s earlier BNPL-style service winding down.

The company is tailoring this to younger users who manage digital expenses within Apple’s ecosystem.

Apple Cash remains US-only, with bill-splitting likely US-first before any international rollout.

Reports suggest on-device creation of digital passes within Wallet for event tickets, gym cards, and other credentials as part of Wallet expansion.

The Bloomberg report on June 1, 2026, cites unnamed sources familiar with Apple’s plans.

Initial availability is expected to be limited to the United States, with regional or feature limitations and no planned cross-platform (Android) support.

Other notes indicate Apple is testing new watch faces for watchOS 27 and exploring US-based chip manufacturing with potential ties to Intel and Samsung.

This move fits Apple’s broader fintech push, building on Apple Pay, Apple Card, and a Goldman Sachs-backed savings product, while acknowledging past fintech attempts and challenges.