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Google Pay starts supporting payments from one of the largest cryptocurrency exchanges
Mobile payment system Google Pay has announced the launch of support for cryptocurrency payments with the Crypto.com exchange.
From now on, Android users will be able to buy, sell, and exchange cryptocurrencies via Google Pay, which is used by more than 100 million people. Crypto.com has over 50 million users and offers transactions with more than 250 cryptocurrencies. Obviously, such cooperation is beneficial for both parties — Google Pay expands its functions and keeps up with the times, while Crypto.com increases its customer base and, consequently, revenues.
In early July, Crypto.com CEO Chris Marshalek posted a post on Twitter denying rumors of the company’s liquidity problems and suspension of withdrawals. According to Marshalek, the trading platform has no plans to impose any restrictions on its customers. Crypto.com operates as usual, with some changes — the company recently laid off 5% of its employees (all due to the fall in the value of digital currencies and bearish market sentiment).