Add news
March 2010
April 2010
May 2010June 2010July 2010
August 2010
September 2010October 2010
November 2010
December 2010
January 2011
February 2011March 2011April 2011May 2011June 2011July 2011August 2011September 2011October 2011November 2011December 2011January 2012February 2012March 2012April 2012May 2012June 2012July 2012August 2012September 2012October 2012November 2012December 2012January 2013February 2013March 2013April 2013May 2013June 2013July 2013August 2013September 2013October 2013November 2013December 2013January 2014February 2014March 2014April 2014May 2014June 2014July 2014August 2014September 2014October 2014November 2014December 2014January 2015February 2015March 2015April 2015May 2015June 2015July 2015August 2015September 2015October 2015November 2015December 2015January 2016February 2016March 2016April 2016May 2016June 2016July 2016August 2016September 2016October 2016November 2016December 2016January 2017February 2017March 2017April 2017May 2017June 2017July 2017August 2017September 2017October 2017November 2017December 2017January 2018February 2018March 2018April 2018May 2018June 2018July 2018August 2018September 2018October 2018November 2018December 2018January 2019February 2019March 2019April 2019May 2019June 2019July 2019August 2019September 2019October 2019November 2019December 2019January 2020February 2020March 2020April 2020May 2020June 2020July 2020August 2020September 2020October 2020November 2020December 2020January 2021February 2021
News Every Day |

Apple Pay users can now buy products with bitcoin using BitPay's Prepaid Mastercard

Bitcoin logo February 2021.JPG
The logo of the Bitcoin digital currency is seen in a shop in Marseille, France.
  • BitPay said on Friday holders of its Prepaid Mastercard could use their bitcoin on Apple Pay. 
  • BitPay said it would also add the cards to Google and Samsung Pay.
  • Customers were "always looking for new places and ways to spend their crypto," said BitPay.
  • Visit the Business section of Insider for more stories.

BitPay said on Friday its bitcoin cards could be added to their Apple Wallet, giving cryptocurrency holders a new way to spend via Apple Pay. 

"We have thousands of BitPay Wallet app customers using the BitPay Card who are always looking for new places and ways to spend their crypto," said Stephen Pair, chief executive of BitPay, in a statement.

He added: "Adding Apple Pay and soon Google and Samsung Pay makes it easy and convenient to use the BitPay Card in more places from day-to-day items to luxury purchases."

BitPay said on Friday that its Prepaid Mastercard holders in the US will be able to add their cards loaded with cryptocurrencies onto Apple Wallet, allowing them to use the currencies for Apple Pay. 

Read more: A crypto CEO breaks down why Tesla adding bitcoin to its balance sheet will create a 'domino effect' that lifts the cryptocurrency to $100,000 by the end of 2021 - and says Dogecoin is destined for a GameStop-style plunge

Bitcoin prices last week surged to new highs, breaking $48,000 for the first time, as companies adopted the cryptocurrency. Tesla on Monday said it had invested $1.5 billion into bitcoin. Twitter on Wednesday said it's considering adding some bitcoin to its balance sheet. Bank of New York Mellon planned to offer bitcoin transactions, according to The Wall Street Journal. 

At least one bitcoin backer predicted its price would climb to $100,00o this year. 

On Monday, an RBC Capital Markets analyst raised his firm's price target for Apple shares, saying Apple may benefit from cryptocurrency.

RBC analyst Mitch Steves said Apple could add billions in new business by allowing crypto trading and purchases. 

"If the firm decides to enter into the crypto exchange business, we think the firm could immediately gain market share and disrupt the industry," RBC said.

Read the original article on Business Insider

Read also

Man United star’s contract situation complicated by potential €2m release clause

Why is there so much resistance to forgiving $50,000 in student debt?

Matt Hancock hails Sun readers for ‘amazing’ Jabs Army amid ‘unbelievably brilliant’ effort

News, articles, comments, with a minute-by-minute update, now on — latest news 24/7. You can add your news instantly now — here
News Every Day

Hugh Jackman's Forgotten Movie Is Crushing Netflix World Wide