Wallet and exchange platform Crypto.com has added Google Pay as a payment option for Android customers who want to acquire bitcoins using their Android devices. More than 100 million people might benefit from the newest payment gateway to the cryptocurrency markets via Google Pay.
Users who have connected their Google Pay accounts to a credit or debit card will be able to choose the payment option on the Crypto.com app once the connection is operational next week. A total of 50 million people throughout the globe have access to the exchange’s listing of over 250 cryptocurrencies.
In the last several months, Crypto.com has made news for securing operating permits in a number of countries at once. Following regulatory clearance in Greece, Singapore, and Dubai, the nation of Italy is the next to let the corporation begin servicing consumers inside its boundaries.
There has been a significant increase in the number of major payment systems being integrated into bitcoin wallets and exchanges over the last two years. By hiring former PayPal CEO Arnold Goldberg as the director of their payments business in January 2022, Google Pay signaled its ambition to further investigate the cryptocurrency industry.
A busy year for the cryptocurrency market and Google Pay culminated in an April connection with Gemini that offered the same features Crypto.com has now brought to its service. In June 2021, Google Pay customers will be able to pay for products and services with their Coinbase Cards thanks to a collaboration with Coinbase.
With the introduction of its cryptocurrency-backed Mastercard cards, Nexo said that it will be integrating Google Pay with the service in April 2022.