Apple will unveil iOS 27 at WWDC next week, and one of its headline updates targets the Wallet app. Users can snap a photo of a receipt, tag each line item to a participant, and let the system calculate individual shares. The workflow promises to replace manual splitting, supports tax and tip calculations, and taps directly into Apple's native payment layer.

The feature links to Apple Cash, Apple’s peer‑to‑peer service that competes with Venmo and Cash App. After the receipt is parsed, the app generates payment requests that appear in Messages or the Wallet interface, and recipients can settle their portion with a single tap. Users can also save the split as a digital record for later reference. Integration with the Apple Watch extends the experience to the wrist.

Apple’s move deepens its push into everyday financial tools, threatening third‑party bill‑splitting apps that dominate the market today. By embedding receipt‑based splitting in the core OS, Apple forces developers to compete on top of a built‑in service rather than a standalone app. Retailers may soon see direct integration options, allowing merchants to verify splits instantly. iOS 27 will make group payments a native part of iPhone interactions.