Apple has announced plans to introduce Tap to Pay for iPhone, a new feature that turns smartphones into point of sale (POS) devices for businesses and merchants.
announceexplainWith Tap to Pay, iPhone-owned merchants will be able to accept contactless payments using their mobile device as a POS terminal with NFC technology.
According to Apple, the soon-to-be-launched Tap to Pay feature will expand support for “Apple Pay, contactless credit and debit cards. and other digital wallets”, which essentially means that customers using the Coinbase Card, Crypto.com Visa Card or similar payment cards will be able to use cryptocurrency They can make payments with Tap to Pay, unless Apple imposes additional restrictions.
Back in August 2021, major crypto exchange Coinbase merged with Apple Pay and Google Pay to allow users to purchase crypto assets on the platform. The move allows US customers to purchase crypto using bank-issued debit and credit cards through the main payment platform Apple Pay.
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