This initiative opened up access to an alternative purchase option for hundreds of thousands of users worldwide.
As of December 11, 2020, after the release of the latest version of the app, Lumi Wallet iOS users will be able to choose a new option to buy cryptocurrencies using Apple Pay, as a result, it will make it easier for Apple Pay users, because with this system you will not be asked for KYC verification
Apple’s payment system will be available to users in more than 60 countries, including the Brasil. For American citizens, there are limits of $ 500 daily and weekly and $ 5000 annually. For non-US citizens, daily and weekly limits will be $ 1000 and $ 7500 annually.
As stated by the developer, the requirement to integrate several payment systems into the portfolio is part of the company’s strategy to optimize and improve the usability of the application.
Diana Furman, CEO of Lumi Wallet, said:
Our team strives to develop the app as user friendly as possible. Since there cannot be a universal solution for everyone, we are on our way to create the interface of our portfolio so that users have the opportunity to choose the functions they need. Adding Apple Pay as an alternative payment method to buy cryptocurrencies is one of the steps on this path.
Founded in 2017, LUMI offers solutions for secure and easy to use crypto wallets. It is an open-source, non-custodial wallet that has versions for Android, iOS and web. The LUMI portfolio was made for meet the demands of novice and advanced users, combining a high level of security and complete anonymity with a simple and attractive interface. Lumi is compatible with BTC, ETH, BCH, Tether USDT, Binance USD, Celsius, Dai, EOS and more than 1,200 ERC20 tokens.