Apple, one of the world’s largest consumer tech companies, is looking to hire a business development manager with experience in the cryptocurrency industry.
According to the job posting 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 in or with “alternative payment providers, such as digital wallets, buy now pay later (BNPL), fast payments, cryptocurrency”.
Based at Apple’s headquarters in Cupertino, the new hire will be the company’s chief negotiator for the alternative payments space.
Growing interest in cryptocurrency
While it’s unclear what this looks like, one possible use case for Apple Pay is that users will soon be able to purchase cryptocurrency through Apple Pay. This can potentially be done with the cryptocurrency platform Coinbase, which reportedly strives to make its Visa debit card compatible with Apple Pay for in-app purchases.
Apple is joining the list of companies considering adopting cryptocurrencies this year.
Earlier in March this year, Tesla – the world’s leading electric vehicle brand – announced that it had started accepting payment for its vehicles in the form of Bitcoin, although the decision was recently overturned due to concerns. environmental issues regarding Bitcoin transactions.
Besides Tesla, PayPal has long allowed its users to accept cryptocurrencies for payments, although the feature is only available to users in the United States.
In Singapore, institutional interest in cryptocurrency has also grown, particularly with the recent move by the country’s largest bank, DBS, to allow its private banking clients to invest in cryptocurrencies.
“I think considering the amount of interest in the four cryptos that we’re currently trading, that interest is pretty high. And therefore, I think it will pick up, ”DBS CEO Piyush Gupta said in his latest earnings call.
Cryptocurrency and blockchain technology is a key content pillar for Vulcan Post, and we’ll continue to cover development in this space. You can follow our coverage here.
Featured Image Credit: pymnts
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