OKX Unveils Apple Pay Integration for US and EEA Customers

OKX, a crypto exchange, has introduced Apple Pay as a payment option for customers in the US and EEA, enabling fast and secure crypto purchases. This move follows recent integrations by Kraken, Binance, Mesh, and JPMorgan, which aim to simplify the process of buying crypto. The integration removes the need for manual entry of card or billing details, streamlining OKX's Buy Crypto flow.

OKX, a prominent crypto exchange and global on-chain technology company, has announced the integration of Apple Pay as a payment option for its customers in the United States and the European Economic Area (EEA). This move follows recent integrations by other exchanges like Kraken, Binance, Mesh, and JPMorgan, which aim to simplify the process of buying cryptocurrencies. The integration of Apple Pay eliminates the need for manual entry of card or billing details, streamlining the OKX Buy Crypto flow and enhancing user experience.

The announcement underscores OKX’s commitment to providing intuitive and secure payment methods that match evolving user expectations. According to Erald Ghoos, CEO of OKX Europe, “Apple Pay eliminates friction from the crypto buying process. It’s one of the world’s most trusted and widely used ways to pay. By offering it on OKX’s website and app, we’re giving customers a familiar, secure way to buy crypto and making their experience smoother than ever” [1].

Apple Pay is known for its security and privacy features. When customers add a credit or debit card to Apple Pay, the actual card numbers are not stored on the device or Apple servers. Instead, a unique Device Account Number is assigned, encrypted, and securely stored in the Secure Element, an industry-standard, certified chip designed to store payment information safely on the device [1].

This integration aligns with the broader trend of simplifying and securing crypto transactions. Other major players in the industry have also been integrating Apple Pay to make the process of buying cryptocurrencies faster and more convenient. For instance, Kraken, Binance, Mesh, and JPMorgan have all integrated Apple Pay into their platforms, further emphasizing the trend towards streamlined and secure crypto purchasing [1].

The integration of Apple Pay is part of a larger push by OKX to enhance user experience and security. As the crypto market continues to grow, exchanges are increasingly focusing on providing seamless and secure transaction options to attract and retain customers. OKX’s move to integrate Apple Pay is a strategic step in this direction.

References:
[1] https://ffnews.com/newsarticle/cryptocurrency/okx-apple-pay/
[2] https://beincrypto.com/vietnam-pilots-crypto-exchange-and-bakkt-expands-and-more/