iPhone Users can pay for Goods and Services with Bitcoin
Apple's mobile payment service, Apple Pay, had added support for Bitcoin debit cards from BitPay
Apple device owners can now pay for goods and services using their crypto wallets. That is courtesy of the new Apple Pay BitPay partnership.
BitPay debit card owners can add their cards to Apple Pay, enabling them to pay for goods and services wherever Apple payment service is accepted using an iPhone, Apple Watch, iPad, and Mac.
BitPay currently supports Bitcoin, Bitcoin Cash, and Ether, besides USDC, GUSD, PAX, and BUSD dollar-pegged stablecoins.
And before the end of March, Android users will be sorted when BitPay will add support for Samsung Pay and Google Pay. This will also enable Android users to use their crypto to pay for various things.
Spending Crypto Made Easier
Crypto is gaining popularity, and in recent weeks, the mother of all, Bitcoin has skyrocketed, nearly touching the $50,000 mark. Although many users hold their crypto and let it gain value, some may want to use it for making payments.
Support for crypto as a payment method is still in nascent stages, but the recent moves by big companies propel the digital currency closer to mainstream use.
PayPal added support for select crypto in November, allowing users to buy, hold and sell digital currencies on the platform. The online payment platform also said it would allow merchants to accept payments in crypto worldwide this year. PayPal’s crypto support is yet to go global, however.
MasterCard is also inching closer to allow select stablecoins to flow through its payments network. The company will launch its first big foray into cryptocurrencies this year.
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