Google Pay Expands into Crypto Space Google has hired a PayPal veteran to help bolster its Google Pay, with plans to explore crypto. Bill Ready, Google's President of Commerce, Told Bloomberg
“Crypto is something we pay a lot of attention to \[...\] As user demand and merchant demand evolves, we’ll evolve with it.” Google Pay is an Online Payment System Google Pay is an online payment system developed by Google to allow in-app, online and contactless purchases on mobile devices including Android phones, tablets and watches. Crypto Partnerships and Expansion Google will focus on being a comprehensive digital wallet that includes digital tickets, airline passes and vaccine passports. The company has been dipping its toes in the crypto space for quite some time, partnering with several crypto companies through 2021. Recent Partnerships Google Pay has partnered with:
- Gemini, a global crypto exchange, to allow users to purchase Bitcoin through Google Pay using fiat currency on a debit or credit card.
- Coinbase, a popular crypto exchange, to allow customers to pay for goods and services through Google Pay using their Coinbase Card.
- Bakkt, a crypto exchange, to allow customers to purchase select cryptocurrencies through their Google Pay wallet. PayPal's Plans Pay