Spend.com has officially launched its Spend Wallet App upgrade that enables users to make transactions through Apple Pay with over 16 different cryptocurrencies including Bitcoin, Ethereum, XRP and Litecoin.
Users of the newly upgraded Spend Wallet app can gain access to Apple Pay after adding their physical or virtual Spend Visa cards to the platform.
According to the announcement,
“Users are now able to update their Spend Wallet app to v2.4.979 and receive immediate access to Apple Pay by either manually adding their physical Spend Visa card into the Apple Wallet App or, if they have a virtual Spend Visa card, they can instantly add it to their Apple Wallet in-app by pressing the ‘Add to Apple Wallet’ icon.”
With the mobile app, users can choose the cryptocurrency they want to spend by tapping their phone on any in-store device that supports Apple Pay.
“The rest of the magic happens in the background as Spend instantly converts the asset to local fiat currency on the trigger of the transaction.”
The Spend App allows users to create a multi-currency digital wallet connected to a smart phone or web-based device, enabling people to buy, use, sell, store, manage and exchange fiat and over 16 cryptocurrencies, including Bitcoin, Ethereum, XRP and Litecoin.
Users are able to make transactions from their linked bank accounts directly from the app, transferring funds in over 180 countries. It converts cryptocurrencies into fiat currency before it loads the money onto the Spend Visa Card, a pre-paid debit card.
By tapping into the Visa network of merchants, the Toronto-based fintech company exposes 40 million retail locations worldwide to crypto users.