Apple is finally here! New recruitment plan reveals the future direction of crypto payment development

Apple is finally here! New recruitment plan reveals the future direction of crypto payment development

Apple may finally explore cryptocurrencies for its payment services, according to a new job posting released recently. The long-awaited giant in the crypto market has finally taken the first step.

Apple is seeking a business development manager with "5+ years of experience working with alternative payment providers such as digital wallets, BNPL, FastPay, cryptocurrencies," according to a job posting posted on its website on Tuesday.

According to the information provided on the job posting, this person will be responsible for leading the company's wallet, payments and commerce teams and will lead partnerships with alternative payment providers. "This position will be responsible for end-to-end business development, including screening partners, negotiating and closing commercial agreements, and launching new projects."

The most noteworthy thing about this notice is the requirement for digital wallet and cryptocurrency experience, which is the first time for this tech giant. This move shows that Apple will personally step into the cryptocurrency market. Previously, Apple has always indirectly used Apple Pay for cryptocurrency payments through third parties.

Apple Pay is a payment tool launched by Apple in 2014 that allows users to pay for everyday purchases by swiping their iPhone or Apple Watch. The feature is designed to subvert the insecure practice of swiping cards.

In February, the Gemini exchange announced support for Apple Pay, allowing its users to purchase cryptocurrencies through the integration. BitPay, a cryptocurrency payment company, launched a similar integration in the same month. Both announcements sparked further speculation that Apple would soon have a deeper interaction with the crypto market.

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