Circle has added support for Apple Pay with the intention of bringing the crypto and traditional payment systems closer together.
Circle made the announcement suggesting it may boost sales for crypto-native businesses as they can facilitate traditional payments from non-crypto-using customers while enabling customers to buy crypto with Apple Pay on their preferred exchange.
According to Circle, the addition of Apple Pay support will benefit traditional businesses by allowing them to shift more retail payments to digital currency. Apple Pay is available to eligible businesses and claims’ enabling it is a simple process, meanwhile customers who checkout with Apple Pay at participating firms will finalize the transaction, as usual, using Apple’s Face ID or Touch ID.
Circle’s vice president of product Joao Reginatto mentioned that they envision the future will be a “multichain world” soon after Circle’s announcement on Sept. 28 that they would rollout its stablecoin across Polkadot Optimism (OP), Near Protocol Arbitrum, and Cosmos blockchains.
