Singapore – The Cryptocurrency wallet Lumi announced last December 12 Saturday that they will now support the purchase, exchange, and store of digital assets. This expanded functionality also features Apple Pay as an available payment method in the multi-currency crypto application.
According to Lumi executives, this step has given better access to an alternative and more convenient purchase option for thousands of users worldwide. From December 12, 2020, Lumi Wallet’s iOS users can download the latest application version and choose Apple Pay as a payment method in buying crypto coins. This option will simplify and fasten the purchase process due to not requesting any KYC verification for those users who already have an Apple Pay account.
According to Lumi, the Apple Pay system is available in over 60 countries, including the United States, Australia, Singapore, United Arab Emirates, Canada, France, Germany, and the United Kingdom. For US citizens, Lumi allows a $500-limit daily and weekly, and $5,000 yearly. For non-US citizens, the daily and weekly limit is $1,000 and $7,500 yearly.
According to Lumi’s developers, Apple Pay support is a part of its strategy to improve and optimize user-friendliness and usability. The Lumi team strives to develop an accessible and easy-to-navigate system for everyone as much as possible.
Since there is no general solution for all users, Lumi continuously improves their wallets’ interface to give everyone enough functionalities that they will need. Adding Apple Pay as an alternative payment solution will help thousands of users purchase their preferred digital assets.
Currently, Apple Pay is one of the most sought-after and user-friendly payment providers worldwide. Since its introduction in 2014, the platform has already reached over 383 million users worldwide, and Apple continuously works hard to serve more.