Apple, one of the largest technology consumer companies in the world, is looking to hire a business development manager with experience in the cryptocurrency industry.
According to the job post 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 headquarters in Cupertino, the new contractor will be the company’s main negotiator for the alternative payments space.
A growing interest in cryptocurrency
While it’s not clear how this looks, a possible use case for Apple Pay is that users will soon be able to buy cryptocurrencies using Apple Pay. Potentially, this can be done with the Coinbase cryptocurrency platform, that is rumored work to make your Visa debit card compatible with Apple Pay for in-app purchases.
Apple joins the list of companies considering adopting cryptocurrencies this year.
In early March this year, Tesla, the world’s leading electric vehicle brand, announced that it would begin accepting payment for their vehicles in the form of Bitcoin, although the decision was recently reversed due to environmental concerns about Bitcoin transactions.
Aside from Tesla, PayPal has long allowed its users to accept cryptocurrencies for payments, although the feature is only accessible to users in the United States.
In Singapore, institutional interest in cryptocurrencies has also grown, especially with the country’s most recent major bank action, DBS, which allows it. private banking customers invest in cryptocurrencies.
“I think that considering the amount of interest of the four crypts that we commercialize now, this interest is quite high. And so I think he’ll recover. ” shared DBS CEO Piyush Gupta during his most recent earnings call.
Cryptocurrency and blockchain technology is a key content pillar for Vulcan Post and we will continue to cover the development of this space. You can follow our coverage here.
Featured Image Credit: pymnts