Coinbase Announces Integration with Apple Pay
Coinbase has now included Apple Pay as a payment option for Coinbase Onramp, a tool that helps users purchase fiat-to-crypto within existing money exchange apps.
According to Coinbase’s press release on Monday, this new feature will make onramping easier and faster for the approximately 60 million US Apple Pay users.
It also offers a quicker end-to-end process, with fiat-to-crypto conversions taking only a few seconds. Coinbase Onramp addresses the difficulties of onboarding to crypto, which typically involves a lengthy and complex process that requires users to go through multiple apps and KYC procedures.
The release stated:
“With Coinbase Onramp, users can avoid the complications of crypto conversions with simplified KYC for eligible purchases, free USD on and off-ramp services, and access to the most widely used payment methods. And now, with the integration of Apple Pay, users can complete onboarding in a matter of seconds.”
For existing apps that are already using Coinbase Onramp, Apple Pay will automatically appear as a payment option for eligible purchases. This is just one of several updates and improvements that Coinbase has made to its services.
