Google Pay customers will have new access to cryptocurrency purchases after integrating Crypto.com into their payment options. The crypto exchange has announced that it will make the feature available next week.

Although Google does not directly support cryptocurrency payment, Crypto.com customers will be able to make in-app purchases with credit or debit cards through Google Pay.

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It is estimated that Google Pay has over 100 million customers who will now be able to use the payment gateway to purchase cryptocurrencies. The integration comes a month after Crypto.com integrated Apple Pay into its app and website.

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Crypto.com has focused its efforts on growing globally and making it easier to access cryptocurrency payments. The exchange has made rapid progress in obtaining regulatory licenses, expanding its operations to other countries and expanding partnerships with payment gateways by strengthening its Crypto.com Pay hub.

In May, the exchange announced a partnership with Canadian e-commerce giant Shopify, making it easier for global merchants to receive cryptocurrency payments by making its products available to more than 200 million crypto users worldwide.

In addition to saving on processing fees with cash final settlements, merchants gain access to high exchange liquidity, zero transaction fees, fast onboarding, and transaction speed. Continuous USD transfers from Crypto.com Pay are available through integrations with Silvergate and Circle.

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Recently, Crypto.com has been in the news again after acquiring licenses in record time to do business in multiple countries. The most recent license was obtained from Italy just after obtaining the authorizations from Greece, Singapore, dubai and crypt.

Google Pay speeds up onboarding

The move to integrate major payment systems with cryptocurrency exchanges and wallets has accelerated over the past two years. In April 2021, Google Pay entered into a partnership with Gemini along the same lines as the partnership with Crypto.com. In July of the same year, a partnership with Coinbase allowed customers to purchase products and services through Google Pay using the Coinbase Card. Additionally, Google Pay has partnered with return in October.

As early as 2022, intentions to further explore the cryptocurrency environment were evident when in January Google Pay appointed former PayPal executive Arnold Goldberg to head its payments division. And in April, Nexo announced that it would integrate Google Pay with the introduction of its cryptocurrency-backed Mastercard cards.

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