The string of major payments companies allowing crypto features continues as BitPay announced today that BitPay card users can now connect to Apple Wallet and pay for appurtenances and services using Apple Pay.

"We have thousands of BitPay Wallet app customers using the BitPay Card who are always looking for new places and means to spend their crypto," said BitPay CEO Stephen Pair in a press release. "Adding Apple Pay and presently Google and Samsung Pay makes it like shooting fish in a barrel and convenient to use the BitPay Carte du jour in more places from day-to-solar day items to luxury purchases."

Bitpay currently allows for payments in BTC, ETH, Bitcoin Greenbacks, and a diversity of stablecoins.

This Apple Pay integration seems to exist office of a wider strategy from BitPay to capitalize on the momentum of the ongoing crypto bullrun. BitPay also filed with the OCC to become a national trust banking company late last year. The Apple Pay printing release noted that "support for Google Pay and Samsung Pay is planned for later this quarter."

The move is a significant one for crypto hodlers looking to spend their digital currency in the existent world, given Apple tree Pay'southward size and market saturation. A contempo report says that Apple Pay is well on its way to accounting for 10% of all card transactions past 2025 (compared to its current 5% share). BitPay's integration may besides allow for additional utility for users of the Apple Card — an initiative launched with Goldman Sachs to let Apple Pay users to earn cashback on purchases. Apple Pay currently has over 380 meg users worldwide.

This may also be only the first of many Apple-related cryptocurrency developments. Last week, Regal Banking company of Canada Rule Securities analyst Paul Steves predicted that Apple might exist the next company to classify a portion of their greenbacks reserves to Bitcoin. Apple currently has near $200 billion in greenbacks on manus, and force per unit area may be mounting for the visitor to follow Tesla'southward pb in purchasing cryptocurrency.