Android users can now purchase cryptocurrencies using Google Pay on the international cryptocurrency wallet and trading platform Crypto com app. There are over 100 million users expected to use Google Pay’s latest payment gateway to cryptocurrency markets.
About Crypto Com App
A cryptocurrency exchange called Crypto.com offers several different services, including trading, staking, investment, wallets, and NFTs. The benefits of this exchange, which include discounts, more than 250 different currencies, and cheap costs, are available to those with a sizeable investment in Crypto.com Coin. For those who wish to accomplish much with their money, bitcoin might be a suitable option because of its ecosystem of cryptocurrency-related items.
Recently, Crypto.com has gained attention after securing licenses to operate in several countries. Italy is the most recent nation to give the company the all-clear to begin providing services to customers inside its borders after regulatory approval was granted in Greece, Singapore, and Dubai.
Benefits will Be Offered to Google Pay Users
The integration will be live next week, and users who have linked their Google Pay accounts with a credit card or debit card can choose the payment option on Crypto.com. With 50 million users worldwide, the exchange offers more than 250 cryptocurrencies.
Integrating Major Payment Systems with Cryptocurrency Wallet
Over the past two years, there has been an increase in the integration of effective payment systems into platforms for crypto payments and exchanges. Arnold Goldberg, a former PayPal executive, appointed to head their payments division in January 2022, was a blatant signal that Google Pay wanted to look into the cryptocurrency market more deeply.
Google Pay partnered with Bakkt in October 2021, while Nexo announced Google Pay integration in April 2022 and launched its cryptocurrency cards backed by Mastercard.
This happened following a busy 2021 for Google Pay and the cryptocurrency sector, which saw the same capabilities made available through the connection with Gemini in April as it does today through the crypto com app. Users could utilize their Coinbase Card to make purchases through Google Pay in June 2021 because of cooperation with Coinbase.