Cryptocurrency wallet Lumi adds Apple Pay
Multi-currency crypto wallet Lumi, which enables the purchase, exchange & storing of digital assets, expanded functionality and added Apple Pay as an available payment method in the app.
This step has opened access to an alternative purchase option for hundreds of thousands of users around the world.
From December 11th, 2020 after releasing the latest version of the app, Lumi Wallet’s iOS users will be able to choose a new option to buy crypto using Apple Pay. This payment method will simplify the purchase process due to not requesting KYC verification for those users who already have an account with Apple Pay wallet.
The Apple payment system will be available to users from more than 60 countries, including the U.S., Canada, Germany, France, UK, Australia, Singapore, Brazil, Saudi Arabia, United Arab Emirates, and others. For U.S. citizens there are $500 limits daily and weekly, and $5000 yearly. For non-U.S. citizens daily and weekly limits will be $1000, and $7500 yearly.
According to the developer’s statement, the requirement for in-wallet integration of several payment systems is a part of the company’s strategy to optimize and improve the usability of the application.
“Our team strives to develop the app as user-friendly as possible. Since there cannot be a universal solution for everyone, we are going the way of creating the interface of our wallet in such a way that users have the opportunity to choose the functions that they need. Adding Apple Pay as an alternative payment method to purchase crypto is one of the steps on this way” – Diana Furman, CEO of Lumi Wallet.
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