Apple is reportedly having discussions with U.S. banks about expanding Apple Pay to support person-to-person payments, according to The Wall Street Journal. The service would allow users to send and receive money with other users directly from their iPhones, and the report notes that it would likely be similar to Square Cash or PayPal’s Venmo platform, which has become popular among a younger demographic that uses it for features such as splitting tips, pitching in on gifts, and sharing rent and other household expenses among roommates. Some of the banks Apple has been talking with include J.P. Morgan Chase & Co., Capital One Financial Corp., Wells Fargo & Co. and U.S. Bancorp, although it does not appear that any of the firms have yet come to an agreement with Apple, with key details still to be worked out. While a launch isn’t imminent, one industry source suggested such a service could debut as soon as next year.