Coinbase will be incorporating Apple Pay into its payment system for converting fiat money into cryptocurrency.
According to the exchange, their Onramp product streamlines the process of buying cryptocurrency, making it easier for individuals to fund their self-custody wallets. The company states that purchasing crypto can often be a frustrating and time-consuming experience, causing users to lose interest.
The Block was informed by a representative from Coinbase that the Apple Pay integration was first rolled out to a select group of clients before Thanksgiving.
Coinbase’s developer documentation explains that Onramp is a software development kit (SDK) and a set of APIs that allow developers to integrate a fiat-to-crypto ramp into their mobile or web applications and browser extensions. This feature is widely used, including in popular wallets like Ethereum’s Metamask and Rainbow, Solana’s Phantom, and Coinbase Wallet.
