1-Click Checkout: Crypto Purchases Powered by Apple Pay
All websites that have integrated Paybis’ white label solution onto their app or website can now enable 1-Click Apple Pay checkout for their iOS and MacOS users. This lowers the numbers minimum number of clicks required to make a crypto purchase to just one.
Since its launch in the US on September 9, 2014, Apple Pay has shown remarkable growth. The number of Apple Pay users has increased significantly over the years. In 2016, there were 67 million users and by 2020 the number rose to 507 million. In terms of transaction volume, Apple Pay processes around $6 trillion in transactions annually – that’s more than Mastercard!
Apple Pay has also seen widespread adoption across various countries. It’s available in over 76 countries globally, with varying levels of usage in different nations. In terms of in-store use, countries like France (62%), Canada (55%), and the United States (53%) have high adoption rates. For online transactions, China (20%), Russia (24%), and Canada (25%) lead in Apple Pay usage.
Clearly, Apple Pay has made it into most people’s lives where it is supported and digital banking is involved — from grocery shopping to medical payments. Today, Apple Pay is also available for Paybis partners to empower their customers in buying crypto with 1-click.
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Enable Crypto Purchases with Apple Pay
We are thrilled to announce the integration of a one-click Apple Pay checkout feature for businesses utilizing the Paybis crypto on/off-ramp on their websites or apps.
One of the primary reasons for integrating cryptocurrency purchases with Apple Pay is the ease of use and accessibility it offers. Apple Pay, already a widely accepted payment method, simplifies the process of buying cryptocurrencies, making it more accessible to a broader audience.
Understanding the Integration
At its core, this integration allows users to purchase cryptocurrencies via Apple Pay with a single click.
This feature eliminates the need for entering card details or undergoing repetitive authentication process
Security Comes Built-In
Security is a paramount concern in financial transactions, and Apple Pay is renowned for its robust security features. Enabling cryptocurrency purchases via Apple Pay leverages its secure ecosystem, which includes two-factor authentication, face ID, and touch ID.
A study by Visa found that contactless payments, like Apple Pay, have lower fraud rates compared to traditional credit and debit cards. This integration can enhance the trust and security perception in cryptocurrency transactions, which have been plagued by concerns over security breaches.
Faster Conversions
Traditional methods like bank transfers or card payments often involve multiple steps and longer processing times. This integration bypasses those complexities, offering a frictionless and faster transaction experience.
It also reduces the cognitive load on the user, making crypto purchases more intuitive, especially for those new to digital currencies.
The one-click feature significantly enhances user convenience, making it easier for occasional buyers and regular traders to transact. It reduces the barrier to entry for new users who might be intimidated by the conventional complexities of crypto transactions.
Benefits for Businesses
The integration of a one-click Apple Pay checkout is a strategic advantage for businesses. For example, at Paybis, we observed that Apple Pay drives nearly as much transaction volume as credit cards and ranks third among all available payment methods.
Ease of Implementation
The integration is designed to be straightforward, allowing businesses that are already using Paybis to easily incorporate the one-click Apple Pay feature.
This addition requires minimal technical adjustments, enabling businesses to upgrade their payment systems without significant downtime or resource allocation.
Attracting a Wider Customer Base
Apple Pay’s popularity and wide user base present a significant opportunity for businesses to tap into a broader market.
By offering a familiar and trusted payment method, businesses can attract both seasoned crypto users and newcomers who prefer Apple Pay for digital transactions.
Potential for Global Reach
Apple Pay’s widespread international acceptance opens up opportunities for businesses to expand their reach globally.
It allows businesses to cater to a diverse, international customer base, transcending geographical and currency barriers.
Conclusion
The one-click Apple Pay checkout feature on the Paybis platform offers users a blend of convenience, security, and speed. It addresses many of the traditional pain points in purchasing cryptocurrencies.
If you want to enable Apple Pay crypto purchases for your customers, contact our sales team to get more details about integrating Paybis.
Disclaimer: Don’t invest unless you’re prepared to lose all the money you invest. This is a high‑risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more at: https://go.payb.is/FCA-Info
