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Cryptocom integrates Google Pay as a payment option

 


Major crypto trading platform and wallet Crypto.com is adding Google Pay as a new payment option for Android users. This could soon give more than 100 million new users access to the crypto market.


Once the integration goes live starting next week, users who have linked their Google Pay account to a credit or debit card will be able to buy cryptocurrencies using this payment method in the Crypto.com smartphone app. The crypto exchange carries more than 250 cryptocurrencies and has almost 50 million users worldwide.


Crypto.com has been able to achieve further successes in recent months, for example the platform has received approvals for business operations as a crypto service provider in Italy , Greece, Singapore and Dubai .


The integration of major payment services into wallets and crypto trading platforms has increased significantly over the past two years. Under the aegis of former PayPal manager Arnold Goldberg, Google Pay in particular has been eyeing increasing participation in the crypto market since January 2022.


In April 2021, Google Pay was able to agree on a similar cooperation with the crypto exchange Gemini as it is now with Crypto.com, while in June 2021 a partnership was entered into with Coinbase, thanks to which users of the Coinbase Card can pay with Google Pay using the same card.


In addition, Google Pay teamed up with the crypto trading platform Bakkt in October 2021 , while the crypto service provider Nexo entered into a cooperation with the payment service in April 2022.

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