Crypto.com, the leading crypto exchange and payment company, has made a major change to the current payment pattern as it has now included Apple Pay as an acceptable method of payment.
According to the statement, adoption of Apple Pay, a popular mobile payment solution built into all Apple iPhones, would currently be available to users in the United States.
The statement noted that this became inevitable as the feature would be rolled out gradually and other countries would have similar access in the near future.
Further details about the feature indicate that to access it, users in the US must first add their debit or credit card to the Apple Wallet on their iPhone.
After doing this, users can access Apple’s payment app to make payments for crypto purchases.
Coinbase, another leading crypto exchange, enabled Apple Pay payments for its users in the United States last year.
Crypto.com, along with several crypto companies, has been hit by the current market downturn. The company announced that it was laying off 260 employees due to the current market situation.
Recall that in May of last year, the main crypto app in Cronos announced an update to its Visa Card Rewards program.
The new update went into effect this month. Immediately after that, users claimed that there was a change in the rate of cashback on the app. Chief among these changes was the introduction of a monthly CRO Card reward limit.
Another big change was the change of the app’s wagering rewards. An example of this can be found in how Ruby Steel Card holders with active staking started receiving 0.5% cashback in CRO on their spend. This represents a decrease of almost 300 percent compared to 2 percent compared to the previous year.