Upcoming Apple iPhone feature to give merchants a way to accept crypto payments

$Apple(AAPL.US)$ Pay users will technically be able to use iPhone’s Tap to Pay feature to make crypto payments across mainstream merchants and businesses.

$Apple(AAPL.US)$ announced plans to launch Tap to Pay for its iPhone, a new feature that effectively turns the smartphone into a point-of-sale device for businesses and merchants. So, what’s in it for crypto?

The announcement explains that with Tap to Pay, iPhone-owning merchants receive contactless payments by using their mobile devices as a point-of-sale machine thanks to the near-field communication technology, or NFC.

According to $Apple(AAPL.US)$ , the soon-to-be-launched Tap to Pay feature will extend support to “ $Apple(AAPL.US)$ Pay, contactless credit and debit cards and other digital wallets.” It basically means that unless $Apple(AAPL.US)$ places a direct barrier for it, customers who are using Coinbase Card, Crypto.com Visa Card or a similar payments card would be able to use their cryptocurrency holdings to make payments via Tap to Pay.