The launch of Apple Pay in Lumi Pockets simplifies crypto buying and elevated newcomers tons of of instances
A week after the introduction of the new payment method Apple Pay, Lumi Wallet saw a 209% growth in Bitcoin purchases in the wallet. Lumi developers relate this to simplifying the crypto buying process and reducing the process time by around seven times.
According to Lumi, most of the purchases were made by users in the US (33%), UK (12.2%), Canada (10.1%), Australia (6.9%) and Nigeria (3.8%) ), Germany (3.3%) and France (3.0%), other countries account for 27.5% of purchasing transactions. The total number of Bitcoin purchases increased by 209%. A large number of users prefer to buy bitcoin.
The interesting fact that, despite the largest number of shopping transactions in North America, the number of newcomers in Latin America skyrocketed and became the leading region with the largest number of newcomers from Lumi – compared to November, the number of new users increased by 29%. The number of newcomers from the US and Canada increased by 17%, from Europe by 5.8%, from Asia and Africa by 5.2% and 5.0% respectively.
The main purpose of launching Apple Pay to simplify the crypto buying process has been achieved. Due to the KYC verification, traditionally buying crypto with credit cards takes an average of 10 to 14 minutes. In Lumi Wallet with Apple Pay, users can skip this identification process and thus reduce the purchase time to less than 15 seconds.
“We were certain that Apple Pay was a defining feature in our wallet, as was the introduction of Bitcoin in general. Our team understands that we, as market participants, need to simplify crypto as much as possible. And we choose the right way. Since we launched it last week, we’ve received support and positive feedback from crypto and iOS communities. And that’s the best reward for our team. ”- Diana Furman, CEO of Limi Wallet.
Since December, Lumi Wallet customers have been able to purchase crypto through Apple Pay, the new alternative payment method available in the wallet for iOS users. Thanks to new payment systems, 300 million people from over 30 countries can buy crypto with Apple Pay. For US residents, there is a daily and weekly limit of $ 500 and an annual limit of $ 5,000. For non-US residents, the daily and weekly limits are $ 1,000 and $ 7,500 per year, respectively.
LUMI was founded in 2017 and offers secure and user-friendly crypto wallet solutions. It is an open source unprotected wallet with Android, iOS, and web versions. Lumi Wallet was specially developed for beginners and advanced users and combines a high level of security and complete anonymity with a simple, eye-catching user interface. Lumi supports BTC, ETH, BCH, Tether USDT, Binance USD, Celsius, Dai, EOS and more than 1,200 ERC20 tokens.