Apple’s Tap-to-Pay Includes a Crypto Function

Sometime around 2022’s fourth quarter, Apple Pay will be available for usage among US merchants.

On Tuesday, February 8, Apple‘s announcement on iOS mobile devices will empower micro and macro US merchants to accept payments in digital forms just through a simple tap on apple devices.

In offering iPhone’s tap-to-pay function to businesses, Apple will approach both app developers and leading payment platforms in the industry. The Tap to Pay by Apple provides an efficient payment suite and tools for commerce in helping to the growth and progress of businesses.

With Tap to Pay, just by using an iPhone, merchants can accept payment through contactless cards from payment networks that include Mastercard, American Express, and Visa.

All that being said, what does it mean for the world of cryptocurrency?

Coinbase and Crypto.com launched their Visa cards, allowing consumers to use cryptocurrency as their payment option.

If iPhone users are going to add a Coinbase or Crypto.com debit cards—and just with the use of the iPhone, the Tap to Pay by Apple allows merchants and consumers to use cryptocurrency the fastest way that is wireless effortless.

Sources

• Apple unveils contactless payments via Tap to Pay on iPhone – Apple
• Apple To Enable Crypto Payments With ‘Tap To Pay’ by the End of 2022 (yahoo.com)