Coinbase has added Apple Pay to fiat-to-crypto purchases via Coinbase Onramp. This integration introduces tools for building onramps into users' existing products.
Coinbase has announced Apple Pay integration to power the transition from fiat to cryptocurrencies.
Through the partnership with Apple Pay, users will benefit from easy fiat-to-crypto purchases through cryptocurrency exchange Coinbase Onramp, a tool that allows users to build onramps into existing products.
Easy on-chain access with Coinbase Onramp
Coinbase says its tool removes all of this, as onboarding to cryptocurrencies is extremely complex for many platforms and users, made even more jarring by KYC interactions.
“Coinbase Onramp takes the hassle out of fiat-to-crypto conversions with lightweight KYC on eligible purchases, free USDC on- and off-ramping, and access to the most popular payment methods. Apple Pay , it only takes seconds to be on-chain,” the exchange wrote in a blog post.
Adding Apple Pay as a payment method allows users to enjoy faster onboarding. The end-to-end experience allows users to convert fiat to cryptocurrency in just seconds. Coinbase Onramp also means businesses can access more than 60 million Apple Pay users in the United States.
This integration also means free on/off ramps with USDC.
In April of this year, Coinbase announced support for Apple Pay for UK users, adding the ability to purchase Bitcoin, Ethereum, and other digital assets as a payment option.
