Apple adding weekly, biweekly, and monthly payment options to Apple Cash

Apple has revealed that iOS 17 will include the ability for users to set up weekly, biweekly, or monthly Apple Cash payments, touting that parents will be able to use the feature to pay allowances or for users to pay back friends and family for regularly shared expenses, such as rent payments.
Users can also choose to automatically top up their Apple Cash balance when it runs low.
Apple Cash is a digital card in Wallet that lets users send and receive money in Messages or Wallet.
The service is only available in the US.