MetaMask Allows iPhone Users to Buy Crypto With Apple Pay

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MetaMask Allows iPhone Users to Buy Crypto With Apple Pay
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The popular Ethereum crypto wallet MetaMask has expanded into the Apple ecosystem by launching an integration with the firm’s payments platform.

On March 29, MetaMask announced a raft of updates to its mobile version 4.3.1, the most significant was the Apple Pay integration.

The catch is that Apple does not directly support crypto payments through its own platform, so it has to be done via Wyre, which does support crypto and integrates with Apple Pay. Users can now also buy crypto with debit or credit cards, eliminating the need to send ETH to the app in advance. Apple Pay users can deposit a daily maximum of $400 into their wallet using their Visa or Mastercards and the Wyre API.Buy crypto on iOS with Apple Pay , more transparency when interacting with sites, & support for gasless transactions where relevant.Credit Cards for Crypto

MetaMask also uses the Transak payments platform to allow users to buy crypto with their credit or debit cards. However, those wishing to use either payments platforms must complete KYC process.Using MetaMask on layer-1 does also incurs gas fees, however, even though the firm says it does not profit from them. MetaMask also has its own fees, which are 0.875% of the transaction.

One of the other updates was support for gasless transactions, which is when private blockchains, or a project or protocol, pay for the gas on the user’s behalf.

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