In case you haven’t noticed, Bitcoin takes a moment. The value of the cryptocurrency has been reached record heights in the last few weeks, you will soon be able to do so buy a Tesla with himand, starting Friday, you can now spend Bitcoin (and other cryptocurrencies) using Apple Pay.
BitPay, a popular cryptocurrency payment processing service, has announced that its Mastercard prepaid users in the United States can now link their card to Apple Wallet and use Bitcoin to fund their online shopping purchases where Apple Pay is accepted worldwide. You can add your BitPay card to Apple Wallet using the BitPay Wallet app (you’ll need the latest updated version), which supports a range of cryptocurrencies including Bitcoin, Bitcoin Cash, Ether, Gemini Dollar, USD Coin, Paxos Standard and Binance USD.
The company plans to launch support for Google Pay and Samsung Pay in late March, CNET reports.
“We have thousands of BitPay Wallet app customers using the BitPay card,” Stephen Pair, CEO of BitPay, said in a statement to the outlet. “If you add Apple Pay and soon Google and Samsung Pay, it’s easy and convenient to use the BitPay card in more places.”
The news that Apple Pay will now integrate some payments with bitcoin follows one published analysis earlier this week, this suggested that Apple, whose virtual payment service is already used by millions of people, could generate up to $ 40 billion a year by entering the cryptocurrency business, according to the broker. Canadian RBC Capital Markets.
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Financial experts are divided on whether or not the recent developments in Bitcoin will continue just expensive speculation, however, that Apple may seem strange to jump on the advertising train.