Metamask: iPhone Users Buy Crypto With Apple Pay Via Wyre

Metamask announced that iPhone users are able to purchase cryptocurrency using Apple Pay via payment gateway, Wyre. Users can now purchase ETH, BNB, MATIC & more using Google Pay, Apple Pay, Samsung Pay, and bank transfers in more than 145+ countries. MetaMask is a crypto wallet service provider which allows users to store cryptocurrencies. As of January 2022, MetaMask has 30 million monthly active users.

Apple Pay users can deposit a daily maximum of $400.00 into their wallet using their Visa or Mastercards and the Wyre API. However, to add cryptocurrency, MetaMask charges gas fee as well as its own transaction fees. The company does not benefit from gas fees, only their transaction fees.

Metamask supports crypto payments with Apple Pay via Wyre.
Metamask supports crypto payments with Apple Pay via Wyre.

To use Apple Pay platforms one must complete KYC (know-your-customer) process. The company has also added support for private blockchains.

“Some networks allow for gasless transactions (e.g. private blockchains, or when a project/protocol pays for the gas on your behalf).”

Previously, MetaMask stated that they are banning all accounts in “Iran, North Korea, Cuba, Syria, and the Crimea, Donetsk, and Luhansk regions of Ukraine” in an effort to observe U.S. sanctions implemented by the US government.

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