{"id":132100,"date":"2020-12-19T19:00:46","date_gmt":"2020-12-19T13:30:46","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=132100"},"modified":"2020-12-19T17:02:25","modified_gmt":"2020-12-19T11:32:25","slug":"bitcoin-purchases-on-lumi-wallet-apple-pay","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/bitcoin-purchases-on-lumi-wallet-apple-pay\/","title":{"rendered":"Bitcoin purchases on Lumi Wallet hike by 200% after Apple Pay launch"},"content":{"rendered":"

Only a week after the launch of Apple Pay as a new payment option for Bitcoin purchases on Lumi Wallet, in-wallet transactions have risen by over 200%, according to a report shared with AMBCrypto.<\/p>\n

The introduction of Apple Pay has reportedly led to a simplification of the crypto-purchase procedure, with the time involved in the transaction process falling by around 7 times. This came down to the fact that the KYC verification process, which is customary for traditional ways to buy crypto, usually takes around 10-14 minutes. With Apple Pay, Lumi Wallet users can skip this identification procedure. Thus, the reduced purchasing time to less than 15 seconds.<\/p>\n

According to the CEO of Lumi Wallet Diana Furman,<\/p>\n

“We were sure that Apple Pay is a crucial feature in our wallet, as well as bitcoin adoption in general. Our team understands that we, as a participant of the market, have to simplify crypto as much as possible.”<\/p><\/blockquote>\n

According to Lumi\u2019s in-wallet statistics, a majority of the purchases were made by users in the United States, accounting for 33% of all purchase operations.<\/p>\n

Interestingly, however, despite North America making the highest volume of purchases, it was Latin America that recorded the most number of newcomers – a 29% increase since November.<\/p>\n

This sharp increase in newcomers, especially from regions such as Latin America, suggests that bypassing KYC processes goes a long way towards simplifying the barriers to entry for crypto-purchases.<\/p>\n

A similar sentiment was shared by crypto-investors from India, according to a survey<\/a> titled \u2018Mood of the Nation\u2019 by Indian crypto-exchange, CoinDCX. This survey had revealed that 60% of the respondents felt that they needed an easier way to join crypto.<\/p>\n","protected":false},"excerpt":{"rendered":"

Only a week after the launch of Apple Pay as a new payment option for Bitcoin purchases on Lumi Wallet, in-wallet transactions have risen by over 200%, according to a report shared with AMBCrypto. The introduction of Apple Pay has reportedly led to a simplification of the crypto-purchase procedure, with the time involved in theContinue reading “Bitcoin purchases on Lumi Wallet hike by 200% after Apple Pay launch”<\/span><\/a><\/p>\n","protected":false},"author":36,"featured_media":132103,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[35,360,66,3,4,20],"tags":[524],"class_list":["post-132100","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin-news","category-btc-trading-view","category-new-news","category-news","category-social","category-trading-view","tag-kyc"],"acf":[],"yoast_head":"\nBitcoin purchases on Lumi Wallet hike by 200% after Apple Pay launch - AMBCrypto<\/title>\n<meta name=\"description\" content=\"According to Lumi\u2019s in-wallet statistics, a majority of the purchases were made by users in the United States, accounting for 33% of...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ambcrypto.com\/bitcoin-purchases-on-lumi-wallet-apple-pay\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin purchases on Lumi Wallet hike by 200% after Apple Pay launch - AMBCrypto\" \/>\n<meta property=\"og:description\" content=\"Only a week after the launch of Apple Pay as a new payment option for Bitcoin purchases on Lumi Wallet, in-wallet transactions have risen by over 200%,\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ambcrypto.com\/bitcoin-purchases-on-lumi-wallet-apple-pay\/\" \/>\n<meta property=\"og:site_name\" content=\"AMBCrypto\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/cryptoamb\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-19T13:30:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2020\/12\/kmkm-e1608371454525.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"797\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Samyuktha Sriram\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/tikta_\" \/>\n<meta name=\"twitter:site\" content=\"@CryptoAmb\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Samyuktha Sriram\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/bitcoin-purchases-on-lumi-wallet-apple-pay\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/bitcoin-purchases-on-lumi-wallet-apple-pay\\\/\"},\"author\":{\"name\":\"Samyuktha Sriram\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/person\\\/f87c22cb55d8ac2f74322c8cfa902613\"},\"headline\":\"Bitcoin purchases on Lumi Wallet hike by 200% after Apple Pay launch\",\"datePublished\":\"2020-12-19T13:30:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/bitcoin-purchases-on-lumi-wallet-apple-pay\\\/\"},\"wordCount\":285,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/bitcoin-purchases-on-lumi-wallet-apple-pay\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/kmkm-e1608371454525.jpg\",\"keywords\":[\"KYC\"],\"articleSection\":[\"Bitcoin\",\"BTC Trading View\",\"News\",\"News 1\",\"Social\",\"Trading View\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/ambcrypto.com\\\/bitcoin-purchases-on-lumi-wallet-apple-pay\\\/#respond\"]}],\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/bitcoin-purchases-on-lumi-wallet-apple-pay\\\/\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/bitcoin-purchases-on-lumi-wallet-apple-pay\\\/\",\"name\":\"Bitcoin purchases on Lumi Wallet hike by 200% after Apple Pay launch - AMBCrypto\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/bitcoin-purchases-on-lumi-wallet-apple-pay\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/bitcoin-purchases-on-lumi-wallet-apple-pay\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/kmkm-e1608371454525.jpg\",\"datePublished\":\"2020-12-19T13:30:46+00:00\",\"description\":\"According to Lumi\u2019s in-wallet statistics, a majority of the purchases were made by users in the United States, accounting for 33% of...\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/ambcrypto.com\\\/bitcoin-purchases-on-lumi-wallet-apple-pay\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/bitcoin-purchases-on-lumi-wallet-apple-pay\\\/#primaryimage\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/kmkm-e1608371454525.jpg\",\"contentUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/kmkm-e1608371454525.jpg\",\"width\":1200,\"height\":797,\"caption\":\"Bitcoin purchases on Lumi Wallet hike by 200% after Apple Pay launch\"},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#website\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/\",\"name\":\"AMBCrypto\",\"description\":\"Stay Ahead!\",\"publisher\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"},\"alternateName\":\"AMBCrypto News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/ambcrypto.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\",\"name\":\"AMBCrypto\",\"alternateName\":\"AMBCrypto News\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2026\\\/04\\\/amb-wide.jpg\",\"width\":600,\"height\":60,\"caption\":\"AMBCrypto\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/cryptoamb\",\"https:\\\/\\\/x.com\\\/CryptoAmb\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/13629485\\\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/person\\\/f87c22cb55d8ac2f74322c8cfa902613\",\"name\":\"Samyuktha Sriram\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/IMG_6727-copy-scaled-1-150x150.jpg\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/IMG_6727-copy-scaled-1-150x150.jpg\",\"contentUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2020\\\/12\\\/IMG_6727-copy-scaled-1-150x150.jpg\",\"caption\":\"Samyuktha Sriram\"},\"description\":\"Samyuktha is a full-time journalist at AMBCrypto. Currently pursuing her Masters in Finance and Business Analytics, she is interested in cryptocurrencies, fintech, and blockchain technology adoption across various sectors.\",\"sameAs\":[\"https:\\\/\\\/www.linkedin.com\\\/in\\\/samyuktha-sriram-61a034ab\\\/\",\"https:\\\/\\\/x.com\\\/https:\\\/\\\/twitter.com\\\/tikta_\"],\"url\":\"https:\\\/\\\/ambcrypto.com\\\/author\\\/samyuktha-sriram\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Bitcoin purchases on Lumi Wallet hike by 200% after Apple Pay launch - AMBCrypto","description":"According to Lumi\u2019s in-wallet statistics, a majority of the purchases were made by users in the United States, accounting for 33% of...","robots":{"index":"index","follow":"follow","max-image-preview":"max-image-preview:large"},"canonical":"https:\/\/ambcrypto.com\/bitcoin-purchases-on-lumi-wallet-apple-pay\/","og_locale":"en_US","og_type":"article","og_title":"Bitcoin purchases on Lumi Wallet hike by 200% after Apple Pay launch - AMBCrypto","og_description":"Only a week after the launch of Apple Pay as a new payment option for Bitcoin purchases on Lumi Wallet, in-wallet transactions have risen by over 200%,","og_url":"https:\/\/ambcrypto.com\/bitcoin-purchases-on-lumi-wallet-apple-pay\/","og_site_name":"AMBCrypto","article_publisher":"https:\/\/www.facebook.com\/cryptoamb","article_published_time":"2020-12-19T13:30:46+00:00","og_image":[{"width":1200,"height":797,"url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2020\/12\/kmkm-e1608371454525.jpg","type":"image\/jpeg"}],"author":"Samyuktha Sriram","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/tikta_","twitter_site":"@CryptoAmb","twitter_misc":{"Written by":"Samyuktha Sriram","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/ambcrypto.com\/bitcoin-purchases-on-lumi-wallet-apple-pay\/#article","isPartOf":{"@id":"https:\/\/ambcrypto.com\/bitcoin-purchases-on-lumi-wallet-apple-pay\/"},"author":{"name":"Samyuktha Sriram","@id":"https:\/\/ambcrypto.com\/#\/schema\/person\/f87c22cb55d8ac2f74322c8cfa902613"},"headline":"Bitcoin purchases on Lumi Wallet hike by 200% after Apple Pay launch","datePublished":"2020-12-19T13:30:46+00:00","mainEntityOfPage":{"@id":"https:\/\/ambcrypto.com\/bitcoin-purchases-on-lumi-wallet-apple-pay\/"},"wordCount":285,"commentCount":0,"publisher":{"@id":"https:\/\/ambcrypto.com\/#organization"},"image":{"@id":"https:\/\/ambcrypto.com\/bitcoin-purchases-on-lumi-wallet-apple-pay\/#primaryimage"},"thumbnailUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2020\/12\/kmkm-e1608371454525.jpg","keywords":["KYC"],"articleSection":["Bitcoin","BTC Trading View","News","News 1","Social","Trading View"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ambcrypto.com\/bitcoin-purchases-on-lumi-wallet-apple-pay\/#respond"]}],"copyrightYear":"2020","copyrightHolder":{"@id":"https:\/\/ambcrypto.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/ambcrypto.com\/bitcoin-purchases-on-lumi-wallet-apple-pay\/","url":"https:\/\/ambcrypto.com\/bitcoin-purchases-on-lumi-wallet-apple-pay\/","name":"Bitcoin purchases on Lumi Wallet hike by 200% after Apple Pay launch - AMBCrypto","isPartOf":{"@id":"https:\/\/ambcrypto.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ambcrypto.com\/bitcoin-purchases-on-lumi-wallet-apple-pay\/#primaryimage"},"image":{"@id":"https:\/\/ambcrypto.com\/bitcoin-purchases-on-lumi-wallet-apple-pay\/#primaryimage"},"thumbnailUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2020\/12\/kmkm-e1608371454525.jpg","datePublished":"2020-12-19T13:30:46+00:00","description":"According to Lumi\u2019s in-wallet statistics, a majority of the purchases were made by users in the United States, accounting for 33% of...","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ambcrypto.com\/bitcoin-purchases-on-lumi-wallet-apple-pay\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ambcrypto.com\/bitcoin-purchases-on-lumi-wallet-apple-pay\/#primaryimage","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2020\/12\/kmkm-e1608371454525.jpg","contentUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2020\/12\/kmkm-e1608371454525.jpg","width":1200,"height":797,"caption":"Bitcoin purchases on Lumi Wallet hike by 200% after Apple Pay launch"},{"@type":"WebSite","@id":"https:\/\/ambcrypto.com\/#website","url":"https:\/\/ambcrypto.com\/","name":"AMBCrypto","description":"Stay Ahead!","publisher":{"@id":"https:\/\/ambcrypto.com\/#organization"},"alternateName":"AMBCrypto News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ambcrypto.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ambcrypto.com\/#organization","name":"AMBCrypto","alternateName":"AMBCrypto News","url":"https:\/\/ambcrypto.com\/","logo":{"@type":"ImageObject","@id":"https:\/\/ambcrypto.com\/#\/schema\/logo\/image\/","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/04\/amb-wide.jpg","width":600,"height":60,"caption":"AMBCrypto"},"image":{"@id":"https:\/\/ambcrypto.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/cryptoamb","https:\/\/x.com\/CryptoAmb","https:\/\/www.linkedin.com\/company\/13629485\/"]},{"@type":"Person","@id":"https:\/\/ambcrypto.com\/#\/schema\/person\/f87c22cb55d8ac2f74322c8cfa902613","name":"Samyuktha Sriram","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2020\/12\/IMG_6727-copy-scaled-1-150x150.jpg","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2020\/12\/IMG_6727-copy-scaled-1-150x150.jpg","contentUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2020\/12\/IMG_6727-copy-scaled-1-150x150.jpg","caption":"Samyuktha Sriram"},"description":"Samyuktha is a full-time journalist at AMBCrypto. Currently pursuing her Masters in Finance and Business Analytics, she is interested in cryptocurrencies, fintech, and blockchain technology adoption across various sectors.","sameAs":["https:\/\/www.linkedin.com\/in\/samyuktha-sriram-61a034ab\/","https:\/\/x.com\/https:\/\/twitter.com\/tikta_"],"url":"https:\/\/ambcrypto.com\/author\/samyuktha-sriram\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts\/132100","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/comments?post=132100"}],"version-history":[{"count":0,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts\/132100\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/media\/132103"}],"wp:attachment":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/media?parent=132100"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/categories?post=132100"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/tags?post=132100"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}