Google Pay will support transactions through cryptocurrencies. This was announced by the commercial head of the company Bill Ready.
According to the manager, the innovation will attract more users to the company's payments ecosystem. It will also enable users not only to keep cryptocurrency on their virtual account, but also to pay for purchases with cryptocurrencies without any problems. There are some payment issues at the moment as few merchants are willing to accept digital tokens.
As part of the Google Pay development strategy, Ready named the initiative to become a payment service as a universal digital wallet. So, in the future, the system will store not only payment data, but also other user documents, such as a passport or driver's license. Thus, the company plans to attract more users, and some personnel changes have already been made to implement the plan.
Details about how soon cryptocurrencies will become available for payments in Google Pay are not yet known.
According to the manager, the innovation will attract more users to the company's payments ecosystem. It will also enable users not only to keep cryptocurrency on their virtual account, but also to pay for purchases with cryptocurrencies without any problems. There are some payment issues at the moment as few merchants are willing to accept digital tokens.
As part of the Google Pay development strategy, Ready named the initiative to become a payment service as a universal digital wallet. So, in the future, the system will store not only payment data, but also other user documents, such as a passport or driver's license. Thus, the company plans to attract more users, and some personnel changes have already been made to implement the plan.
Details about how soon cryptocurrencies will become available for payments in Google Pay are not yet known.
Login or register to post comments
Comments 0