8.2 C
New York
Friday, December 3, 2021
HomeCryptoCurrencyApple Pay is now available for purchases with bitcoin, ethers and stablecoins

Apple Pay is now available for purchases with bitcoin, ethers and stablecoins

Apple users can already pay with bitcoin, Ethereum ethers or stablecoins, using Apple Pay. Payment provider BitPay announced on Friday, February 12, that your own credit card will now be compatible with Apple’s payment service. In this way, it is not only available to use in physical stores, but also to buy online, using different devices such as iPhone, Apple Watch, iPad and Mac.

In its announcement, BitPay said that the BitPay Prepaid Mastercard users can now add the cards to their Apple wallet for cryptocurrency purchases, wherever Apple Pay is accepted globally. Additionally, the company plans integrations with Google Pay and Samsung Play before the end of the first quarter.

The BitPay app offers support for bitcoin, ether (the cryptocurrency of Ethereum) and Bitcoin Cash , as well as stablecoins USD Coin, Gemini Dollar, Paxos Standard and Binance USD.

Customers who do not yet have a plastic card can add a virtual one to Apple Pay through the BitPay app and can start spending right away without having to wait for the physical card, as stated in the statement.

Cryptocurrency users in Europe and Latin America are waiting, since BitPay currently only offers its own card to its customers of U.S. However, the announcement opens the possibility that Apple will soon integrate other credit cards for payments with cryptocurrencies in other parts of the world.

On the other hand, since July 2020 Mastercard users settled in Europe can recharge their cards with cryptocurrencies and use them around the world through the Wirex service, just like CriptoNoticias reviewed at the time.

BitPay’s announcement came just hours after Mastercard announced that it will allow affiliated merchants to receive payments in bitcoin later this year. It means that the establishments that accept the credit card will be able to accept payments in cryptocurrencies, without intermediaries and beyond the fiat ecosystem.

Follow World Weekly News on

Sandra Loyd
Sandra is the Reporter working for World Weekly News. She loves to learn about the latest news from all around the world and share it with our readers.

Leave a Reply

Must Read