The Ringer:

Apple’s rumored Venmo competitor was announced today, and it is not … really a Venmo competitor. The new feature allows you to pay friends, so long as they have an iPhone. Sure, it’s helpful, but less useful than an app that works across various platforms and that your friends already have.

Eh I think this is a pretty poor take on this. I bet I know more friends with iPhones than I do folks with Venmo and Square Cash combined. I'm a huge Square Cash fan and I'll drop it in an instant for this.