Apple Pay And Google Pay Add Convenience To CoinZoom's Post-Pandemic Digital Wallet Platform

CoinZoom, a prominent financial startup and cryptocurrency exchange located in the United States, has introduced Apple and Google Pay as financing alternatives to its iOS and Android applications. Consumers who use the regulated exchange may now fund their accounts, access a variety of free or low-cost financial services, and buy Bitcoin with the click of a button.

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"The absence of a quick and efficient way to load cash into an account or wallet to spend or invest has been one of the hurdles to crypto adoption," stated CoinZoom CEO Todd Crosland. "We've made it a priority to remove that barrier by offering a variety of funding options such as debit cards, credit cards, ACH deposits, wire transfers, cash deposits, and now Apple Pay and Google Pay. It's extremely user-friendly to deposit and transfer funds on our platform from your phone - and then spend or invest your money in a range of forms from dollars to crypto. You can also purchase NFTs on our marketplace on your phone in seconds with Apple Pay and Google Pay."

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After the pandemic, digital wallets supported by debit cards have become the fastest rising payment option among smartphone users, satisfying all requirements for contactless payment, better budgeting, security, and convenience. Younger customers, in particular, are rewiring their payments to incorporate more mobile payments, 'Buy Now, Pay Later' alternatives, and greater rewards for everyday purchasing.

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According to Crosland, who founded the CoinZoom company in 2018, "for many, cryptocurrency is seen as a great leveler. They do not see themselves or their lives depicted in traditional finance ads or marketing, and see the fiat system as unfairly biased to those who already have many advantages. Crypto does not have these pre-set judgements, and even a small step into this asset class is seen as a path to a seat at a fairer, more inclusive table.

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Remittances are a prime example of a sector where blockchain technology offers a clear benefit. With an average worldwide fee of 6% and a market value of $672.46 billion in 2021, this industry will generate over $40 billion in total income (World Bank). More than 90 nations' combined GDPs are surpassed by that amount of revenue. Digital transfers may be made quick, inexpensive, and direct thanks to blockchain; there would be no need for cash pick-up, a three- to seven-day wait, or exorbitant fees. Users of CoinZoom may use ZoomMe to immediately and cost-free transmit USD and cryptocurrencies to other users locally or abroad.

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It was once our best-kept secret, but as economies throughout the world deteriorate and rumors circulate, it is now gaining momentum, according to Crosland. "As more and more people learn about the service, we have experienced growth of 746% throughout the second half of 2022," the statement reads.