Outside Source
- Coinbase has added Apple Pay for fiat-to-crypto purchases via its Coinbase Onramp.
- The integration brings a tool for building onramps into users’ existing products.
Coinbase has announced the integration of Apple Pay for its fiat-to-crypto on-ramping.
The Apple Pay partnership will see users benefit from easy fiat-to-crypto purchases via the crypto exchange’s Coinbase Onramp, a tool that allows users to build onramps into their existing products.
Get on-chain easily with Coinbase Onramp
With onboarding to crypto largely complex for many platforms and users, made even more unwelcoming with the back and forth of KYC, Coinbase says its tool removes all these.
“Coinbase Onramp takes the hassle out of fiat-to-crypto conversions with lightweight KYC for eligible purchases, free USDC on and off-ramping, and access to the most popular payment methods. With Apple Pay, getting onchain only takes seconds,” the exchange wrote in a blog post.
Adding Apple Pay as a payment method means users will enjoy faster onboarding. The end-to-end experience will only take seconds for users to convert their fiat to crypto. Coinbase Onramp also means businesses can access more than 60 million Apple Pay users in the US.
The integration also means free on and off-ramping with USDC.
In April this year, Coinbase announced support for Apple Pay for its users in the UK, adding the capacity to buy Bitcoin, Ethereum and other digital assets with the payment option.
This article first appeared at CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison
