The issuer of the US dollar-pegged stablecoin USDC, Circle, has added Apple Pay support, which will benefit crypto-native businesses by making it easier to accept payments while not excluding customers who do not use crypto.
According to the blog post, “Apple Pay and Circle’s Payments solution enable crypto-native businesses to accept payments from customers who don’t use crypto at all,” and it also suggests that customers can “buy crypto with Apple Pay on their preferred exchange.”
“Eligible businesses” can use Apple Pay, and “traditional businesses can also benefit from this enhancement to shift more retail payments to digital currency.”
Customers will be able to pay using Apple’s Safari browser or apps on iPhone, Apple Watch, iPad, and other supported devices, with the transaction finalized using Apple’s Face/ Touch ID.
With this collaboration, NFT marketplaces, crypto gaming, crypto exchanges, crypto wallets, and cross-border remittance providers can help businesses grow by making the payment process simple.
Compiled by Coinbold