GPay to Enable Crypto Transactions With Crypto.com’s Integration
2022.07.22 23:29
GPay to Enable Crypto Transactions With Crypto.com’s Integration
- Crypto.com integrates operation in Google (NASDAQ:GOOGL) Pay App.
- Users of the app can have crypto transactions using the payment integration.
- Crypto.com’s announcement follows recent news of layoffs.
Users of payment applications Google Pay get access to the crypto market as the global cryptocurrency wallet and exchange Crypto.com rolls out an in-app integration to GPay’s payment interface. This integration aims to make cryptocurrency transactions on mobile devices simpler.
Cryptocom now accepts Google Pay for #crypto purchases.
— Watcher.Guru (@WatcherGuru) July 21, 2022
GPay is estimated to host over 100 million users who could utilize the latest integration to the payment getaway to the crypto market. Once the integration goes live by next week, users will have the option to choose from debit, credit, or crypto using the Crypto.com exchange for payment.
With the integration of major payment getaways into crypto wallets and exchanges picking up the pace, GPay has bagged quite a few crypto collaborations lately. Earlier in May, Crypto.com incorporated GPay for Visa (NYSE:V) card customers in Australia and New Zealand. Users with a Crypto.com Visa card could utilize the Google Pay app for payments.
Meanwhile, The same integration was also offered by Gemini last year. Users were able to utilize their Coinbase (NASDAQ:COIN) Card to make purchases using GPay in June 2021 in a collaboration with Coinbase. Last October, GPay partnered with Bakkt, and in April 2022, Nexo revealed GPay compatibility with the introduction of its Mastercard-backed crypto cards.
Crypto.com, which began its services in 2016, has a global user base of over 50 million and lists over 250 cryptocurrencies. Of late, the company has been in the headlines as it acquired a license to operate in quite a few countries in quick succession. Italy is the latest addition to the list of nations they operate in besides Greece, Singapore, and UAE, to name a few.
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