Binance allow to buy crypto with Apple Pay and Google Pay

Binance the world's largest cryptocurrency exchange by users count has integrated Apple Pay and Google Pay as payment methods. 

Now, users can buy cryptocurrencies using Apple pay and Google pay via Binance Exchange.

#BinanceBuild update:

Apple Pay and Google Pay payment options are now available on #Binance!

Purchase crypto, with ease pic.twitter.com/iXKUtvLYeG

— Binance (@binance) December 29, 2022

Apple Pay and Google Pay are popular payment gateways that have gained widespread adoption in recent years by providing support for these payment options. Binance makes it easier for users to hold and trade cryptocurrencies driving up adoption.

According to Binance, this service is only available to residents of the United Kingdom and the European Economic Area (EEA) The disclosure indicates that customers can use these payment options to buy coins and tokens listed on Binance. users should be aware that processing services are not provided by Binance directly instead all purchases are through third-party partners.

Users who wish to acquire crypto assets through Apple Pay or Google Pay must complete Binance's account verification procedure. these new payment options are among some of the updates and improvements made by Binance. the ramp unveiled Binance Pay and Binance Card.

According to Google, a portion of its customers would be able to pay for cloud services using cryptocurrency the connection is being developed with Coinbase Prime, a cryptocurrency trading and storage platform. 

MasterCard also expressed a scheme in mid-October to enable financial institutions to offer cryptocurrency trading to their consumers Jorn Lambert. MasterCard's Chief Digital Officer stated that there is a large client base out there that is genuinely intrigued by crypto but will be more confident if their financial institutions provide the services.

Related: Bank of India report calls for regulatory coordination on crypto market challenges