Apple, one of the world’s largest companies dealing with technology consumers, is looking for employment business development manager with experience in the cryptocurrency industry.
According to a job ad released earlier this week, the business development manager will help lead Apple’s alternative payment 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 pay later (BNPL), fast payments, cryptocurrency”.
Headquartered at Apple’s Cupertino headquarters, the new employee will be the company’s chief negotiator for the alternative payment space.
Growing interest in cryptocurrency
Although it is unclear what this looks like, one possible case of using Apple Pay is that users will soon be able to buy cryptocurrencies through Apple Pay. This could potentially be done using the Coinbase cryptocurrency platform, which is rumors work to make his Visa debit card compatible with Apple Pay for in-app purchases.
Apple has joined the list of companies dealing with the adoption of cryptocurrencies this year.
Earlier in March this year, Tesla – the world’s leading brand of electric vehicles – announced that it had started accepting payments for your vehicles in the form of Bitcoin, although the decision was recently overturned due to environmental concerns over Bitcoin transactions.
Apart from Tesla, PayPal has long allowed its users to accept this cryptocurrencies for payments, although the feature is only available to users in the United States.
Institutional interest in cryptocurrency has also risen in Singapore, especially with the recent move by the country’s largest bank, DBS private banking clients for investing in cryptocurrencies.
“I think that considering the amount of interest on all four crypto-connections that we are currently trading, that interest is quite high. And so, I think it will accelerate, ” shared DBS CEO Piyush Gupta during the last call for earnings.
Cryptocurrency and blockchain technology are a key pillar of content for Vulcan Post, and we will continue to monitor developments in this area. You can follow our reporting here.
Credit for featured images: pymnts