BitPay and Apple Pay cooperate to provide encrypted payment for 380 million users
Major payment companies that support encryption are still continuing to launch encrypted payment services. BitPay announced that users of its MasterCard prepaid cards can now connect to Apple Wallet and make payments with Apple Pay. Bitpay currently supports BTC, ETH, BCH, and a variety of stable currencies for payment.
Taking into account the scale of Apple Pay and the saturation of the market, this move allows cryptocurrency holders to have more opportunities to use digital currencies in the real world. Similarly, the integration with BitPay may also bring additional utility to users who use Apple Card. Apple Card is a service launched in cooperation with Goldman Sachs that allows Apple Pay users to get cashback when purchasing. Currently has 380 million users worldwide. In other words, the two parties will cooperate to provide encrypted payment services to 380 million users worldwide.
This also seems to be part of BitPay’s broader strategy to leverage the momentum of the cryptocurrency bull market. Among them, BitPay also submitted an application to become a national trust bank to the OCC (Office of the Comptroller of the Currency) at the end of last year. BitPay CEO Stephen Pair said at a press conference: “We have thousands of BitPay Wallet app customers using the BitPay Card. Adding Apple Pay and soon Google and Samsung Pay makes it easy and convenient to use the BitPay Card in more places.”
Via: CNET