KuCard, which claims to be among the first crypto debit cards introduced by KuCoin, a crypto exchange, is bringing its customers Apple Pay, a more secure way to pay.
Every Apple Pay purchase is secure because it is “authenticated with Face ID, Touch ID, or device passcode, as well as a one-time unique dynamic security code. Apple Pay is accepted in grocery stores, pharmacies, taxis, restaurants, coffee shops, retail stores, and many more places.”
Customers can also use Apple Pay on iPhone, iPad, and Mac to “make faster and more convenient purchases in apps or on the web in Safari without having to create accounts or repeatedly type in shipping and billing information. Apple Pay makes it easier to pay for food and grocery deliveries, online shopping, transportation, and parking, among other things. Apple Pay can also be used to make payments in apps on Apple Watch.”
Security and privacy are reportedly “at the core of Apple Pay. When customers use a credit or debit card with Apple Pay, the actual card numbers are not stored on the device, nor on 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 the payment information safely on the device.”
Apple Pay is described as being “easy to set up. On iPhone, simply open the Wallet app, tap +, and follow the steps to add KuCard. Once a customer adds a card to iPhone, Apple Watch, iPad, and Mac, they can start using Apple Pay on that device right away. Customers will continue to receive all of the rewards and benefits offered by KuCard.”
Launched in September 2017, KuCoin says it is “a global cryptocurrency exchange with its operational headquarters in Seychelles.”
As a user-oriented platform with a focus “on inclusiveness and community action reach, it offers over 800 digital assets and currently provides Spot trading, Margin trading, P2P Fiat trading, Futures trading, Staking, and Lending to its 30 million users in more than 200 countries and regions.”
KuCoin claims that it is “currently one of the top 5 crypto exchanges according to CoinMarketCap.”