The crypto community now has another way to utilize their digital currencies conveniently. Spend Wallet, one of the well-known digital currency wallet that supports multiple cryptocurrencies, has integrated Apple Pay into its wallet application. That means users of Spend wallet would now be able to spend and store their crypto funds on the go anywhere in the world.
With this integration, Spend will let users convert over 20 digital currencies into the fiat ones instantaneously. Completing mobile transactions at over 40 million stores across the world will also become more hassle-free than ever with complete Apple Pay support.
Making Crypto Payment a Bit Easier
Spend said in its announcement that it always works towards ensuring that its users have easy and fast access to its crypto payment features. At present, the platform is putting an emphasis on streamlining its KYC (short for Know Your Customer) procedure. Once that is completed, all the eligible users will be provided with their own Spend Visa virtual card immediately.
In order to make things simpler for its customers, Spend will allow them to choose the digital currency that they wish to utilize to make their payments. Apart from that, conversions into the fiat currencies will also happen within seconds, in the background. That will make sure users don’t have to go through an otherwise frustrating procedure of switching their assets on their own.
Spend also stated that users would be able to use Spend cards anywhere in the world wherein Visa is already an accepted means of payment. Moreover, the company has assured users of complete safety and data protection. As per Spend, they have incorporated stringent encryption methods so that personal information of users remain private and secure, at all times. Additionally, the technology deployed by the crypto platform will also protect the Spend card from being utilized without permission.
To increase the users’ trust, the platform will hold the fiat funds only at the authorized payment and/or financial corporations.
Spend wants to have a global appeal, so it has added support for as many as 27 fiat currencies so far. From the United States Dollars to Euros and Canadian Dollars, users can carry out their exchange activity easily with a more click.
The app itself lets users make informed choices while they transfer their funds to friends, family, or businesses. It will also offer them clear information about the currency being utilized, the duration the transaction would take to complete, as well as its associated charges if any. Payment verification will be done through face recognition or passcodes.
Google Pay To Be Included Soon
After Apple Pay, Spend is slated to integrate Google Pay as well in the upcoming weeks. Spend will be offering the same set of features with its Google Pay integration to customers who use Android devices.
Crypto enthusiasts worldwide have always found it quite difficult to actually utilize their crypto holdings for availing everyday goods and services. However, with Apple Pay and Spend Wallet app coming together, digital currencies might now have an increased adoption rate at a global level.