With the link with BitPay, iOS users can now pay in Bitcoin through the Apple Pay service app.
Bitcoin is still the most popular and valuable cryptocurrency on the market. At the end of last Friday, each Bitcoin was worth nearly $ 48,000, or more than 1 billion, more than double the valuation of the coin about a year ago.
Recently, the Mastercard Prepaid card of the BitPay wallet app can be linked to the Apple Wallet and users can use Apple Pay to spend cryptocurrencies online, through the app or in-store. support for Apple Pay.
The BitPay wallet application not only works with Bitcoin, but also works with other cryptocurrencies like Ether, Bitcoin Cash as well as other coins including USD Coin, Gemini Dollar, Paxos Standard and Binance USD. These currencies are based on a 1: 1 price ratio to the US dollar (not very popular in the Vietnamese market).
BitPay is currently planning to support BitPay wallet with other services such as Google Pay or Samsung Pay in the end of next month to allow Android users to easily use and spend cryptocurrencies. .
To add your BitPay card to your Apple Wallet, you’ll need to update to the latest version of the BitPay app. Then, download the application “BitPay – Buy Crypto” on the App Store and Google Play app stores and then spend the electronic coins. BitPay CEO Stephen Pair said: “We have thousands of customers using BitPay Wallet application who are using BitPay Cards. The support for Apple Pay and the upcoming Google and Samsung Pay will help the use of BitPay Card become more popular and convenient for many users ”.
The addition of crypto spending to Apple Pay suggests that Apple should launch its own cryptocurrency exchange. Since Apple Wallet is used by millions of people, it could generate more than $ 40 billion by switching to crypto, the RBC Capital Markets report said. Currently, Tesla says it will soon accept users for payment through Bitcoin.