Crypto Payments Provider BitPay Adds Apple Pay Support

Apple Pay functionality will allow cardholders to make purchases in store and online using the crypto held in their BitPay wallet.

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BitPay's U.S. cardholders can now add their prepaid Mastercard to their Apple Pay wallets.

  • Apple Pay functionality will allow cardholders to use their mobile devices to make purchases in store and online using the crypto held in their BitPay wallet.
  • BitPay supports payment in PAX and BUSD.
  • The announcement by BitPay states that support for Google Pay and Samsung Pay will be added later this quarter.
  • Mastercard plans to allow merchants to receive in cryptocurrency directly on its network later this year, CoinDesk reported Thursday.
  • A new report by RBC released Monday suggested that Apple enter the crypto space providing a wallet for the 1.5 billion users of its devices.

See next: Crypto Startup BitPay Files to Become Federally Regulated US Bank

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Binance remains crypto’s leading exchange, expanding from spot and derivatives into RWAs, payments, savings, yield, and broader financial services.

Why it matters:

Binance remains crypto’s leading exchange, expanding from spot and derivatives into RWAs, payments, savings, yield, and broader financial services.