Taking a different approach, 7-Eleven introduced a mobile wallet in December that allows users to add cash at its brick-and-mortar locations. Last year, David's Bridal partnered with Popwallet to offer its customers perks like coupons, and Afterpay said it would allow users to pay in installments with Apple Pay and Google Pay. But as the pandemic continues, retailers and their partners have eyed mobile wallets as another way to engage with customers. And just last week, Mastercard said it will begin accepting select cryptocurrencies on its network in 2021.Įarly on in the COVID-19 pandemic, consumer usage of mobile wallets lagged despite public health concerns and the need for speedy purchases. Last October, PayPal announced that account holders can not only buy, sell and hold cryptocurrency but also use digital coins as payment to the company's network of merchants. Apple Pay is joining the list of financial service providers to embrace Bitcoin as a payment method. The recent news means that BitPay cardholders can use cryptocurrency as a standard payment method wherever Mastercard is accepted.īitPay's mobile wallet lets users convert cryptocurrencies into standard currencies and load them onto their Mastercard, the company said. The BitPay Wallet currently allows users to transact using Bitcoin, Bitcoin Cash, Ether, USDC, GUSD, PAX and BUSD, per the press release.
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