You've been redirected from to In March 2021, Mobile Payments Today became a part of Payments Dive. For the latest payments news, sign up for the daily newsletter.

Lumi intros Apple Pay cryptocurrency purchasing

Lumi Wallet, a cryptocurrency wallet, has added Apple Pay as a payments method for purchasing cryptocurrency. The service will be available for more than 60 countries including U.S., Canada, Germany, France, the U.K., Australia, Singapore, Brazil, Saudi Arabia and the United Arab Emirates, according to a press release.

For users who already have an Apple Pay account, this will enable them to skip the know-your-customer process when purchasing cryptocurrency. For U.S. citizens, they may purchase $500 weekly and $5,000 yearly, while non-U.S. citizens may purchase $1,000 weekly and $7,500 yearly.

"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, said in the release.