Coinbase Integrates Apple Pay with Onramp for Seamless Fiat-to-Crypto Transactions
Coinbase revealed on Monday that Apple Pay is now integrated into its Coinbase Onramp service, enabling crypto apps to support fiat-to-crypto purchases for popular assets like Bitcoin, Dogecoin, and more.
With this integration, users of crypto apps utilizing Coinbase Onramp can fund their wallets via Apple Pay, taking advantage of fast transactions and free onramping or offramping through USDC, a stablecoin pegged to the U.S. dollar. Nemil Dalal, Head of Coinbase Developer Platform, highlighted the ease of the process, stating, “Now in seconds instead of minutes, users can fund their wallets using one of the most widely used payment methods in the US.”
Apps like Moonshot, which specialize in meme coin trading, are already leveraging this feature, allowing users to deposit up to $500 per week using Apple Pay—without requiring additional know-your-customer (KYC) steps.
According to data from Oberlo, referenced in Coinbase’s announcement, Apple Pay boasts over 60 million U.S. users—a number projected to reach 67 million by 2026. This integration builds on Coinbase’s previous collaborations with Apple Pay, including linking Coinbase Cards to Apple Pay in 2021 and enabling debit card transactions later that same year.
As a leading U.S. cryptocurrency exchange, Coinbase continues to streamline user onboarding and enhance accessibility to on-chain economies. The integration with Apple Pay is part of a broader strategy that includes the recent acquisition of Utopia Labs to advance on-chain payment solutions via Base, its Ethereum layer-2 network.
Coinbase Onramp supports more than 100 cryptocurrencies and over 60 fiat currencies, offering built-in KYC and compliance measures to ensure a secure and user-friendly experience.
Source: https://decrypt.co/294417/coinbase-apple-pay-onramp-bitcoin-dogecoin
Coinbase revealed on Monday that Apple Pay is now integrated into its Coinbase Onramp service, enabling crypto apps to support fiat-to-crypto purchases for popular assets like Bitcoin, Dogecoin, and more.
With this integration, users of crypto apps utilizing Coinbase Onramp can fund their wallets via Apple Pay, taking advantage of fast transactions and free onramping or offramping through USDC, a stablecoin pegged to the U.S. dollar. Nemil Dalal, Head of Coinbase Developer Platform, highlighted the ease of the process, stating, “Now in seconds instead of minutes, users can fund their wallets using one of the most widely used payment methods in the US.”
Apps like Moonshot, which specialize in meme coin trading, are already leveraging this feature, allowing users to deposit up to $500 per week using Apple Pay—without requiring additional know-your-customer (KYC) steps.
According to data from Oberlo, referenced in Coinbase’s announcement, Apple Pay boasts over 60 million U.S. users—a number projected to reach 67 million by 2026. This integration builds on Coinbase’s previous collaborations with Apple Pay, including linking Coinbase Cards to Apple Pay in 2021 and enabling debit card transactions later that same year.
As a leading U.S. cryptocurrency exchange, Coinbase continues to streamline user onboarding and enhance accessibility to on-chain economies. The integration with Apple Pay is part of a broader strategy that includes the recent acquisition of Utopia Labs to advance on-chain payment solutions via Base, its Ethereum layer-2 network.
Coinbase Onramp supports more than 100 cryptocurrencies and over 60 fiat currencies, offering built-in KYC and compliance measures to ensure a secure and user-friendly experience.
Source: https://decrypt.co/294417/coinbase-apple-pay-onramp-bitcoin-dogecoin
