He Apple CEO Tim Cookhas always been “open” to Apple Pay accepting cryptocurrencies as a means of payment. Now, although they cannot yet be used as such in Apple’s payment system, a step forward is taken towards their total acceptance by allowing the purchase of crypto assets for the first time using Apple Play.
It is not that it can be done directly from Apple Play, but you can use this system to make the payment through Coinbase. This exchange has announced the launch of a new feature in applications that work with Coinbase Onramp that provides the possibility of using Apple Pay when making fiat to cryptocurrency transactions.
This allows a much more accessible cryptocurrency purchasing process for the 1.5 billion Apple Pay users around the world, who will now be able to purchase their crypto assets easily and securely with Apple’s payment system.
Coinbase users will see the ability to sign in and make purchases through Apple Play when accessing any app developed with Coinbase’s Onramp services. This way, they will no longer have to manually enter their bank card details with which they were going to pay, or use a third-party payment processor to fund their Coinbase accounts.
With the integration, free transactions with USD Coin (USDC)as well as access to more than 60 currencies, 100 cryptocurrencies and more than 20 regulated blockchains. Additionally, by interacting with Web3, cryptocurrencies and blockchain, users move in a secure environment when they make their transactions using Apple Pay through Omramp apps.
“Coinbase Onramp takes the hassle out of fiat-to-crypto conversions with light KYC for eligible purchases, free USDC on and off ramp, and access to the most popular payment methods,” Coinbase said in a statement.
