BitPay Adds Support For Apple Pay

Bitcoin payments service provider BitPay has added support for Apple Pay, and its users in the US can now spend BTC wherever Apple Pay is accepted.

A post on the BitPay Blog says adding a BitPay card to Apple Pay is a convenient way to spend cryptocurrencies in more places than before. “We have thousands of BitPay Wallet app customers using the BitPay Card who are always looking for new places and ways to spend their crypto,” BitPay CEO Stephen Pair said in a press release. BitPay is the world’s largest provider of Bitcoin and cryptocurrency payment services. Users can now make purchases in stores, in apps, and online by just adding the physical or virtual version of the BitPay Prepaid Mastercard to Apple’s Wallet app. With the new BitPay app, users can now use Apple Pay to make payments in Bitcoin and other cryptocurrencies. BitPay is planning to include support for Google.

BitPay Mastercard holders can now add Apple Pay as an option to pay for goods and services, and the Bitcoin payments firm say they will be adding Google Pay and Samsung Pay later this quarter.

According to the announcement, BitPay cardholders will be able to make online and in-store purchases and spend BTC wherever Apple Pay is accepted.

‘US cardholders of the BitPay prepaid Mastercard can add their card to Apple Wallet and spend with Apple Pay. With Apple Pay, BitPay cardholders can make secure purchases in stores, in apps, and online.’

The company explained that even though new customers were waiting for their plastic card to arrive, they can use the virtual card immediately with the BitPay Wallet app and Apple Pay applications.

The payment provider’s CEO Stephen Pair said the company had listened to its customers who wanted more ways to spend their BTC and other cryptos, and adding Apple Pay makes it more convenient for users.

‘We have thousands of BitPay Wallet app customers using the BitPay Card who are always looking for new places and ways to spend their crypto. Adding Apple Pay and soon Google and Samsung Pay makes it easy and convenient to use the BitPay Card in more places from day-to-day items to luxury purchases.’

What Is BitPay?

Founded in 2011, BitPay is a blockchain payment processing company whose mission is to transform how businesses and people send, receive, and store digital assets and cash.

The company has offices in North America, Europe, and South America and has raised more than $70 million in funding from leading investment firms including Founders Fund, Index Ventures, Virgin Group, and Aquiline Technology Growth.

Using blockchain technology the company processes financial transactions that enables borderless payments, and makes paying with Bitcoin fast, easy and safe.

The BitPay Wallet app allows customers to manage and spend Bitcoin, and using the BitPay card it instantly converts Bitcoin into fiat currency and allows users to spend anywhere Mastercard is accepted globally.

Cardholders can also use the cards to withdraw cash from ATMs, and spend Bitcoin wherever Mastercard is accepted instore or online.

And now with Apple Pay support, BitPay cardholders will also be able to spend their BTC wherever Apple Pay is accepted.

More Options To Spend Bitcoin

As Bitcoin grows up and gains mainstream acceptance, more companies are beginning to plug into it. Apple Pay is the latest, and although its only facilitating payments through PitPay, we should expect a full roll out from Apple itself.

Added with the likes of Strike Global, which uses the Bitcoin and Lightning networks to allow users to send and receive money instantly, and the city of Miami wanting to integrate Bitcoin payments into its economy, and it’s clear which way Bitcoin is going.

Most people will agree that Bitcoin is a store of value, for now. However, as payment applications roll out and spending Bitcoin becomes much easier and cheaper than using legacy payment providers, it will become an everyday currency.

Pablo is a writer at Bitcoin Maximalist. Originally from Spain, Pablo grew up in the UK, and loves clubbing and gaming. Pablo is a keen Bitcoiner and loves to share his wisdom to help spread the good news of Bitcoin.

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ATLANTA--(BUSINESS WIRE)--BitPay, the world’s largest provider of Bitcoin and cryptocurrency payment services, today announced that US cardholders of the BitPay Prepaid Mastercard can add their card to Apple Wallet^TM and spend with Apple Pay®. With Apple Pay, BitPay cardholders can make secure purchases in stores, in apps, and online. In addition, customers waiting on delivery of their plastic card can add their virtual card to Apple Wallet via the BitPay Wallet app and can start spending immediately. Support for Google Pay and Samsung Pay is planned for later this quarter.

Bitpay And Apple

“We have thousands of BitPay Wallet app customers using the BitPay Card who are always looking for new places and ways to spend their crypto,” said BitPay CEO Stephen Pair. “Adding Apple Pay and soon Google and Samsung Pay makes it easy and convenient to use the BitPay Card in more places from day-to-day items to luxury purchases.”

BitPay continues to innovate its global blockchain solutions to make paying with Bitcoin and other cryptocurrencies faster, easier and safer than ever before. The BitPay Wallet app is designed to enable customers to manage and spend Bitcoin, and also turn it into dollars and spend with the BitPay Card.

For power blockchain users, the BitPay Wallet app supports an array of options to buy and store crypto and make online payments. Users can instantly buy gift cards from hundreds of top retailers in store and online. The BitPay Card enables customers to instantly convert cryptocurrency into fiat currency, which is then loaded onto the card and can be spent anywhere Mastercard debit is accepted around the world. Customers can also use the cards online for purchases and to withdraw cash from ATMs.

The BitPay Wallet app supports Bitcoin, Bitcoin Cash, and Ether, as well as four dollar-pegged stablecoins, USDC, GUSD, PAX and BUSD.

To add a card to Apple Wallet, cardholders need to have the most recent version of the BitPay app, 12.1.0 which is available in the App Store. To order the BitPay Prepaid Mastercard, visit https://bitpay.com/card/

About BitPay

Bitpay Apple Mastercard Reichert Cnet

Founded in 2011, BitPay pioneered blockchain payment processing with the mission of transforming how businesses and people send, receive, and store money. Its business solutions eliminate fraud chargebacks, reduce the cost of payment processing, and enable borderless payments in cryptocurrency, among other services. BitPay offers consumers a complete digital asset management solution that includes the BitPay Wallet and BitPay Prepaid Card, enabling them to turn digital assets into dollars for spending at tens of thousands of businesses. The company has offices in North America, Europe, and South America and has raised more than $70 million in funding from leading investment firms including Founders Fund, Index Ventures, Virgin Group, and Aquiline Technology Growth. For more information visit bitpay.com.

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BY USING THIS CARD YOU AGREE WITH THE TERMS AND CONDITIONS OF THE CARDHOLDER AGREEMENT AND FEE SCHEDULE, IF ANY. This card is issued by Metropolitan Commercial Bank (Member FDIC) pursuant to a license from Mastercard International. “Metropolitan Commercial Bank” and “Metropolitan” are registered trademarks of Metropolitan Commercial Bank ©2014.

Mastercard is a registered trademark and the circles design is a trademark of Mastercard International Incorporated.

Apple Wallet and Apple Pay are trademarks of Apple Inc., registered in the U.S. and other countries.