Cryptocurrency exchange KuCoin has integrated Apple Pay into its KuCard crypto debit card service, the company announced Tuesday. The move provides cardholders with a more secure, private payment method leveraging Apple’s encryption technology.
Apple Pay allows customers to pay by holding their iPhone, iPad, or Apple Watch near a payment terminal instead of using a physical card. Each transaction is authorized through encrypted verification via Face ID, Touch ID, or the device passcode.
According to KuCoin, Apple Pay helps protect user data as real credit or debit card numbers are not stored on Apple servers or user devices. This should shield customers from potential fraud.
The news comes as crypto scams proliferate, often involving stolen debit card information used to drain victims’ accounts. By adding a layer of encryption, KuCoin hopes to prevent such theft among its mobile wallet and debit card users.
To set up Apple Pay, customers can open the Wallet app and follow the prompts to add their KuCard. Once activated, the card is available for contactless payments across compatible devices.
For KuCoin, the Apple Pay integration reflects the widening adoption of cryptocurrency by mainstream companies. Major brands like PayPal, Visa, and Mastercard now interface with crypto, providing legitimacy to the asset class.
As digital assets gain trust, more businesses are leveraging them for cross-border B2B payments. By establishing crypto partnerships, companies can reach new global markets and geographies with limited banking access.
For exchanges like KuCoin, supporting crypto spending via branded debit cards and Apple Pay is now table stakes as competition intensifies industry-wide. The alliance promises simplicity securing real-world goods with digital currencies.
