With billowing trends driving market behavior on the basis of mainstream media, the usage of cryptocurrencies in payment methods continues to increase. Recently, Twitter announced it was considering Bitcoin as a potential venue for bankrolling advertisements.
Now, Samsung Pay and Google Pay will reportedly offer users to make payments in crypto. Rumors suggest that the two tech giants could rollout the new services within the next month or two.
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Digital exchange vendor BitPay commented on the rumors, suggesting that it hopes to add support for Google Pay and Samsung Pay to its framework as early as March, if everything works out.
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As per BitPay policy, users will be allowed to link their crypto wallets to their Google and Samsung Wallets. For the time being, supported cryptocurrencies on the service include Bitcoin, Bitcoin Cash, BUSD, Ether, PAX, USDC, and GUSD.
In the event the underlined reports turn out to be true, Google and Samsung will join Apple Inc. as gateways for facilitating crypto payments from users for all intents and purposes.
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While the specifics for these activities offer nothing more than obscurity when it comes to the timeline, Google Pay and Samsung Pay are expected to follow a similar pathway as Apple Pay. For now, both companies have yet to comment on the matter.
they are not adding support for crypto. they are adding support for bitpay’s visa debit card. that’s what apple pay did. it’s not the same as adding support for direct crypto deposits/withdrawals.