Crypto.com Will Roll Out Google Pay Integration As Payment Option

Crypto.com will roll out Google pay integration as a payment option for all Android users to purchase cryptocurrencies as we can see more today in our latest cryptocurrency news.

Google Pay users now have another avenue for crypto markets as Crypto.com will roll out Google Pay integrations for buying crypto. The global crypto exchange added a new payment option for Android users to buy crypto and this option is estimated to have over 100 million users that can make use of the latest gateway to the crypto market. Once the integration goes live, the users that have set up their Google Pay accounts to be linked with a credit or debit card will be also able to choose a payment option when they use Crypto.com. The exchange lists over 250 cryptocurrencies and 50 million users across the world.

Crypto.com was in the headlines in the past few months as the company acquired licenses to operate in a few countries in quick succession. Italy is the latest country that gave the company a green light to start serving customers in its country but also the exchange got approval in Greece, Dubai, and Singapore. The latest integration of a major payment system into a crypto wallet is picking up the pace for other companies as well. Google Pay indicated the goal to explore the crypto space with the appointment of former PayPal executive Arnold Goldbert to lead the payments division.

This came after 2021 which was quite eventful for Google Pay and the entire crypto space which saw integration with Gemini that offered the same functionality that Crypto.com introduced. The partnership with Coinbase allowed users to pay for goods and services via their coinbase card. Google Pay joined forces with Bakkt in October 2021 and Nexo announced google Pay integration with the launch of the crypto-backed Mastercard cards a few months ago.

As earlier reported, The top financial regulator in Italy – Organisimo Agenti e Meditatori gave approval to the Crypto.com exchange to provide a range of products and services for Italian clients in compliance with domestic law. The German investment platform Trade Republic expanded its presence to the Southern European country so now Crypto.com can register as a crypto operator. Crypto.com got its regulatory approval as it keeps on expanding its international reach despite the crypto winter and the bad consequences.