Now You can soon use cryptocurrency for payments in Google Pay, Samsung Pay:- Google Pay and Samsung Pay are the two major payment options in the Android smartphone space, allowing you to transact using stored credit cards, debit cards, and more.
Now, cryptocurrency payment service Bit Pay has announced that it is bringing its BitPay card to the mobile payment apps of Google and Samsung. This will essentially allow Google Pay and Samsung Pay users in the US to pay for transactions using bitcoin and other cryptocurrencies (albeit after the currency has been converted to currency).
BitPay’s wallet app supports bitcoin, bitcoin cash, and ether, as well as many dollar-pegged cryptocurrencies (such as USD Coin, Gemini Dollar, Paxos Standard and Binance USD). BitPay cards allow users to convert their cryptocurrency to traditional currency, customers are able to use this card where MasterCard debit payments are accepted.
“Support for Google Pay and Samsung Pay is planned for later this quarter,” BitPay noted in a press release, without providing a specific launch date. The service has also hit Apple Pay, so it is expected that this will be the case sooner rather than later.
It is not the first cryptocurrency service to integrate with a major mobile payment platform. Back in March 2020, Coinbase announced that Android users could use their Coinbase card on Google Pay to make payments with cryptocurrencies. Nevertheless, it is encouraging to see more options available.