Google is expected to offer payment options in cryptocurrency to its users worldwide.
It is understood Google has appointed PayPal's vice president, cum chief product designer: Arnold Goldberg as a first step in further expanding the scope of payment services.
Google has previously ‘given up’ on pursuing digital banking -related plans.
The proof is, one of their products - Google Pay generally avoids accepting cryptocurrencies as a medium of payment.
While some Google partners, such as Coinbase and BitPay have already made a guarantee that will allow their users to make crypto investments only using debit cards that have been connected to the Google Pay application.
However, Goldberg’s appointment signals Google is making a u-turn in its decision.
“Crypto receives a very wide range of ordinary attention. As consumer and retail demand grows, we will also grow with this trend. ” - Bill Ready, President of Google's Commerce and Payments Division.
