With a New Apple iPhone Feature, Cryptocurrency Payments May Become Easy Peasy Crypto Squeezy

Apple announced a Tap to Pay feature which will be implemented this year. The new function provides the possibility for merchants owning an iPhone to receive contactless payments via their NFC chip connection. The feature will be added to Apple Pay, which already supports credit and debit cards and other digital wallets.  

Therefore, any card either physical or virtual that is already connected to your Apple Pay can become a payment terminal. As the cards of Coinbase or Crypto.com are supported by Apple Pay, receiving a crypto payment is becoming extremely smooth and easy in theory. 

The transaction, in this case, is in fiat money but is invisible for an ordinary user.  

The function should work unless Apple prevents this intentionally. Considering previous statements, Apple sees potential in the field and prevention seems unlikely to happen.  

Incidentally, the first company to offer the Tap to Pay feature on iPhone will be Stripe, who promised to return to the crypto market in 2022.  


Check Apple’s position regarding crypto here: 

Tim Cook of Apple Claims Metaverses Have “Potential” 


Join to get the flipside of crypto


Upgrade your inbox and get our DailyCoin editors’ picks 1x a week delivered straight to your inbox.

    You can always unsubscribe with just 1 click.

    This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed to be financial legal or tax advice. Trading Forex, cryptocurrencies, and CFDs poses a considerable risk of loss


    Nazar is editor and gaming journalist at DailyCoin. As a gamer with experience, he writes about blockchain gaming gimmicks and peculiarities, conducts interviews at gaming conferences, and creates content focused on the point where traditional gaming meets crypto gaming in DailyCoin’s "Imaginarium" section. His work usually covers topics such as: "What would happen if the most popular games implemented blockchain?" Nazar started his career in media in 2017 at a small local TV-radio station. Later, he obtained a master's degree in Journalism and Media Industries, worked for several blogs, and then landed in the crypto world.