JAKARTA Circle, the publisher of USDC announced its new move by stating that its stablecoin is a payment option on Apple Pay. Later, payments will be activated for quick payments in regular digital payment mode.
The option will be available in the app along with the payment option using the Safari browser. In addition, customers no longer need to create an account or fill out a form to access the new payment feature. For your information, USDC is a cryptocurrency whose value is stable (stablecoin) following the price of the US dollar.
These efforts are aimed at the crypto business while enabling consumers to buy crypto assets through Apple Pay on certain crypto exchanges. That way, this collaboration in paying Circle and Apple Pay will make it easier for non-crypto users.
This can be very strong for the crypto business, as it can help them create stronger connections with customers who want to pay using more traditional methods and even allow them to buy crypto with Apple Pay on their stock exchanges, said Circle's Director of Products, Consumer Payment, Abhishek Sandhir.
This move is also aimed at expanding crypto adoption considering that Apple has a global market reach. That way, USDC has the opportunity to expand its market and utility.
We are pleased to announce that eligible businesses built with Circle can now further increase their sales by accepting Apple Pays - an easy, secure, and private way to pay for it, "said an announcement from the Circle blog.
Easy payments will help crypto entities such as NFT markets, crypto games, crypto exchanges, crypto wallets, and cross-border remittance providers. In addition, crypto support at Apple can be used to settle payments at lower costs. It will also help traditional businesses that do not make retail payments in cryptocurrencies.
In fact, Apple Pay and Circle Payment Solutions allow crypto native businesses to accept payments from customers who don't use crypto at all. NFT markets, crypto games, crypto exchanges, crypto wallets, and cross-border remittance providers can help their businesses grow by facilitating payments with Apple Pay and Circle," Sandhir added.
"Traditional business can also take advantage of this upgrade to shift more retail payments to digital currencies and benefit from a USDC settlement," he concluded.
How to Enable USDC Payments at Apple Pay
Based on Circle's official statement, activating Apple Pay only takes a few steps. First, eligible businesses can open a free Circle Account and create an Apple developer account. Then you can connect to the Circle Payment solution through easy API integration and start testing Apple Pay and other payment methods in our sandbox.
Apple Pay via Circle makes it easier for your customers to pay online and in the app using iPhone, Apple Watch, iPad, and other supported devices. To pay on the app and website on Safari on your iPhone and iPad, just ask the customer to choose Apple Pay at checkout and finish the payment using Face ID or Touch ID.
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