Apple, one of the largest technology consumers in the world, is Looking forward to hiring A business development manager with experience in the cryptocurrency industry.
According to the post posted earlier this week, the Business Development Manager will help lead Apple’s Alternative Payments Partnerships.
Ideally, the candidate should have more than five years of experience working with or with “alternative payment providers, such as digital wallets, buy now and pay later (BNPL), express payments and cryptocurrencies”.
The new employee, based at Apple’s headquarters in Cupertino, will be the company’s chief negotiator for the alternative payments space.
A growing interest in cryptocurrencies
While it’s unclear what that looks like, one potential Apple Pay use case is that users may soon be able to purchase cryptocurrencies via Apple Pay. This can be done using the cryptocurrency platform Coinbase, which is Rumored Work to make your Visa debit card compatible with Apple Pay for in-app purchases.
Apple is joining the list of companies looking to adopt cryptocurrencies this year.
Earlier in March of this year, Tesla – the leading brand in electric cars – announced that it had started Accept payment for its vehicles in the form of Bitcoin, Although the decision was recently reversed due to environmental concerns over Bitcoin transactions.
Unlike Tesla, PayPal has long allowed its users to accept it Cryptocurrencies for payments, Although the feature is only available to users in the United States.
In Singapore, institutional interest in cryptocurrencies has also grown, particularly with the recent move by DBS, the country’s largest bank, allowing it Private banking customers to invest in cryptocurrencies.
“I think given the amount of interest in all the 4 cryptocurrencies that we trade right now, that interest is very high. Hence, I think it will improve.” Mutual DBS CEO Piyush Gupta during a recent earnings call.
Cryptocurrency and blockchain technology is a pillar of content at Vulcan Post, and we will continue to cover the development in this area. You can follow our coverage Here.
Featured image credit: pymnts