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Home Latest News

Apple Pay users will now be able to purchase in Bitcoin and other Crypto Currencies, this way they will be able to spend in crypto

by InvestPolicy
February 28, 2021
in Latest News
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Apple Pay users will now be able to purchase in Bitcoin and other Crypto Currencies, this way they will be able to spend in crypto
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While there is a law in India to ban crypto currencies like Bitcoin, the number of people investing in it has been increasing with the acceptance of cryptocurrencies worldwide in recent times. Bitcoin is currently the hottest currency in the world, touching a figure of $ 50,000. Other cryptocurrencies including Bitcoin have also seen tremendous growth in the last 6 months. Many well-known multinational companies of the world are taking a dip in the Ganges of this cry of crypto currency. In this, after Tesla, the new name of iPhone maker Apple Inc. has now been added.

According to reports, users of Apple Pay, Apple’s digital wallet, will now be able to shop in Bitcoin as well as other major cryptocurrencies. According to the report of PhoneArina, now Apple Pay users will be able to use other cryptocurrencies including Bitcoin for payment. For this, Apple Pay has introduced the BitPay app, which will allow users to purchase Bitcoin and use their app’s master card to Apple Pay users. BitPay wallets can be combined with both Apple Wallet and Apple Pay.

Tesla to start production of electric cars in India after US and China; these are challenges

BitPay will also facilitate cryptocurrency shopping

The BitPay Wallet app will allow users to shop with Bitcoin in cryptocurrencies such as Ethereum, Bitcoin Cash, USDCoin, Gemini Dollar, Paxos Standard and Binance USD. According to the description of the app on Google Play, any user can apply for BitPay Card and start spending in crypto. However, the facility will only be launched in the US. Apart from Apple Pay, BitPay can also be rolled out for Google Pay (Google Pay) and Samsung Pay (Samsung Pay) in the future, so that Android users can also take advantage of it.

Tags: AppleApple IncApple PayBitcoinBitPayBitpebusiness newsCrypto CurrencyCrypto MarketeconomyEthereumfinance newsiPhoneIPOLitecoinmutual fundsOn appleSensexShare MarketStock marketTesla
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