Key Takeaways:
Apple Pay support has now been added, $USDC issuer Circle announced, enabling qualified cryptocurrency businesses to accept Apple Pay as a form of payment.Payments will be made via app, with the option to pay via Safari.
Circle has good news for its users amid the tragic FTX fiasco, which has again caused everyone to doubt the integrity and advancement in the crypto space. For a number of businesses, Apple Pay will now accept cryptocurrency payments in Circle’s USDC.
Customers can now easily use their mobile devices to check out and make payments in a secure and private manner. According to Circle, the new partnership will benefit businesses that operate exclusively in the cryptosphere. Customers will be assisted in using Apple Pay to purchase cryptocurrencies on their preferred exchanges.
Making checkout simple with Apple Pay and Circle will benefit NFT marketplaces, crypto gaming, crypto exchanges, wallets, and cross-border remittance companies, according to the firm.
Both app-based payments and a Safari browser payment option will be available. Additionally, customers won’t need to register for an account or fill out forms to connect the feature.
Additionally, the partnership between Apple Pay and Circle Payments would permit payments from non-crypto customers. Given Apple’s extensive market share, this would prove to be a significant development for increasing crypto adoption.
By making it simpler to accept payments, the addition will benefit crypto-native businesses while remaining open to customers who do not use cryptocurrencies. Additionally, Circle noted that traditional businesses could also enjoy the benefits of this advancement to transition more retail payments to digital currency.
Users will also be able to access Circle’s payment solution via API integration. Customers will be able to make payments using their Apple products, such as the iWatch, iPhone, and iPad, thanks to Circle and Apple Pay.
At Converge22, Circle also unveiled new merchant services that will enable businesses to accept payments in cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), along with even more aspects to enhance the payments perspective and lessen checkout friction.
