Coinbase has partnered with Apple Pay for fiat-to-crypto purchases.
Coinbase has added Apple Pay for fiat-to-crypto purchases via Coinbase Onramp. The integration brings tools to build Oramp on top of users' existing products.
Coinbase announces Apple Pay integration for fiat-to-crypto on-ramping.
Users of the Apple Pay partnership will benefit from easy fiat-to-crypto purchases through the crypto exchange's Coinbase Onramp.
Get on-chain easily with Coinbase Onramp
With so many platforms and users onboarding to crypto, even behind and without KYC, Coinbase says the tool does away with all of that.
“Coinbase Onramp takes the hassle out of fiat-to-crypto conversions with lightweight KYC for eligible purchases, free USDC on and off, and access to the most popular payment methods. With Apple Pay, getting onchain takes seconds,” the exchange said in a blog post. He wrote.
Adding Apple Pay as a payment method means users enjoy faster onboarding. The end-to-end experience takes only seconds for users to convert their funds into crypto. Coinbase Onramp also means businesses can access more than 60 million Apple Pay users in the US.
The combination is on and off with USDC.
In April this year, Coinbase announced that it would support Apple Pay for its users in the UK, adding the ability to buy Bitcoin, Ethereum and other digital assets with the payment option.