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Apple feature coming this year allowing merchants to accept crypto

BabaYaga

2022-02-10 (05:56:20)

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Apple Pay users will technically be able to use iPhone’s Tap to Pay feature to make crypto payments across mainstream merchants and businesses.

Apple announced plans to launch Tap to Pay for its iPhone, a new feature that effectively turns the smartphone into a point-of-sale device for businesses and merchants.

The announcement explains that with Tap to Pay, iPhone-owning merchants receive contactless payments by using their mobile devices as a point-of-sale machine thanks to the near-field communication technology, or NFC.

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