diff --git a/src/pages/iou/steps/MoneyRequestAmountPage.js b/src/pages/iou/steps/MoneyRequestAmountPage.js
index 10c260895490..7fb169fa3d84 100755
--- a/src/pages/iou/steps/MoneyRequestAmountPage.js
+++ b/src/pages/iou/steps/MoneyRequestAmountPage.js
@@ -59,6 +59,7 @@ class MoneyRequestAmountPage extends React.Component {
         this.updateLongPressHandlerState = this.updateLongPressHandlerState.bind(this);
         this.updateAmount = this.updateAmount.bind(this);
         this.stripCommaFromAmount = this.stripCommaFromAmount.bind(this);
+        this.stripSpacesFromAmount = this.stripSpacesFromAmount.bind(this);
         this.focusTextInput = this.focusTextInput.bind(this);
         this.navigateToCurrencySelectionPage = this.navigateToCurrencySelectionPage.bind(this);
         this.amountViewID = 'amountView';
@@ -126,13 +127,16 @@ class MoneyRequestAmountPage extends React.Component {
      * @returns {Object}
      */
     getNewState(prevState, newAmount) {
-        if (!this.validateAmount(newAmount)) {
+        // Remove spaces from the newAmount value because Safari on iOS adds spaces when pasting a copied value
+        // More info: https://github.com/Expensify/App/issues/16974
+        const newAmountWithoutSpaces = this.stripSpacesFromAmount(newAmount);
+        if (!this.validateAmount(newAmountWithoutSpaces)) {
             // Use a shallow copy of selection to trigger setSelection
             // More info: https://github.com/Expensify/App/issues/16385
             return {amount: prevState.amount, selection: {...prevState.selection}};
         }
-        const selection = this.getNewSelection(prevState.selection, prevState.amount.length, newAmount.length);
-        return {amount: this.stripCommaFromAmount(newAmount), selection};
+        const selection = this.getNewSelection(prevState.selection, prevState.amount.length, newAmountWithoutSpaces.length);
+        return {amount: this.stripCommaFromAmount(newAmountWithoutSpaces), selection};
     }
 
     /**
@@ -194,6 +198,16 @@ class MoneyRequestAmountPage extends React.Component {
         return amount.replace(/,/g, '');
     }
 
+    /**
+     * Strip spaces from the amount
+     *
+     * @param {String} amount
+     * @returns {String}
+     */
+    stripSpacesFromAmount(amount) {
+        return amount.replace(/\s+/g, '');
+    }
+
     /**
      * Adds a leading zero to the amount if user entered just the decimal separator
      *