To assist businesses involved in cryptocurrencies, Circle now accepts Apple Pay
It’s possible to pay using the Safari web browser from Apple or through applications on the iPhone, Apple Watch, iPad, and other compatible devices.
Circle now offers support for Apple Pay. Uninitiated users should know that Circle is the company behind the USD Coin, a stablecoin linked to the US dollar. Circle stated in a formal announcement,
“We’re thrilled to announce that qualified businesses that build with Circle can now help further boost their sales by accepting Apple Pay — an easy, secure, and private way to pay. Customers can quickly checkout using the devices they carry around with them. Apple Pay is also a safer and faster way to pay using the Safari browser and in apps because customers will no longer need to create an account or fill out lengthy forms.”
The goal of this update is to improve communication between bitcoin and conventional payment methods. By making it simpler to accept payments without rejecting non-crypto clients, the move will also help firms that are entirely dependent on cryptocurrencies. Furthermore, this improvement will allow more retail payments to be made with digital currency, which will benefit established businesses.
Due to Circle’s strategic agreement with Apple, payments may be made through applications on the iPhone, Apple Watch, iPad, and other compatible devices as well as through Apple’s Safari browser. Customers won’t need to register for an account or complete lengthy paperwork as a consequence. Both a Circle account and an Apple developer account must initially be created by users. They can also use API integration to connect to Circle’s payment system.
Transactions using cryptocurrencies are not presently supported by Apple Pay. Apple Pay may now be utilized to make payments in Circle USDC as part of this program, which will increase company sales. Circle said that it will provide more payment options in the future to lessen money-related friction at the checkout. The business stated,
“At Converge22, we announced additional merchant services that will enable vendors to accept payments in cryptocurrencies like Ethereum (ETH) and Bitcoin (BTC), along with even more features to reduce checkout friction and improve the payments experience. It’s all designed to help businesses unlock the benefits of USDC and connect with customers. This is just one step on our continued mission to bring the worlds of traditional and digital-native payments even closer together.
It is important to note that Apple has more than 1.8 billion active devices worldwide. Apple CEO Tim Cook said during a Q1 2022 earnings call. Only PayPal is more widely used as a digital wallet in the US than Apple Pay. In the meantime, Circle updated its payments and treasury platform with Polygon USDC functionality in June.
At yMedia, Shashank is the founder. He entered the world of cryptocurrencies in 2013 and is an ETH maximalist.
