Bitcoin passed the $20,000 level towards the end of 2020 and then lasted up to $50,000. This great rise also brings the dream of paying with cryptocurrency step by step into reality.
Noticing this fact, Mastercard recently recognized cryptocurrencies as a payment method. Apple Pay support has now been provided for virtual currency payment.
In many countries, Apple Pay lets you control all your payment methods through your phone.
BitPay is an important cryptocurrency wallet. With Apple Pay support coming into the wallet, which also has a Mastercard-powered card, cryptocurrency seems to come into our lives as a real payment method.
In fact, mastercard’s recognition of cryptocurrencies as a payment method earlier in the week opened this way. Previously, you had to break down cryptocurrency to use cards issued by apps like BitPay. Time will tell what this path opened with Bitcoin will bring.
After the arrival of BitPay support for Apple Pay, the way for other virtual currency wallets to get this support was opened. BitPay is also preparing for other digital payment methods, such as Google Pay and Samsung Pay. To add the BitPay wallet to Apple Pay, you need to have the latest version of the app, version 12.1.0.
So what do you think, paying with cryptocurrency can make these virtual currencies an immutable part of the economy?