• Mon. Apr 22nd, 2024

Apple has Discreetly Hinted at their Move into Alternative Payment Systems

Christian Klausen

ByChristian Klausen

May 27, 2021

It has been a bumpy ride for the crypto market in the recent week or so, and things have only recently started to look up for cryptocurrencies in general as well as the crypto market. This whole shenanigan has not been blown out completely as there is some rebounding in effect and needs to be done, but still, some conglomerates are interested in crypto payment solutions. Such as Apple has hinted about how they are about to get involved in the crypto payment systems space. 

Apple is making a Direct Shift in the Direction of Alternative Payments

They have posted a tech advertisement for a business development manager, and the description for the job specifically focuses on alternative payments. The real aspect of the advertisement is that Apple is looking for an expert to join its wallet, payments, and commerce team with a specific experience around alternative payments. This is not out of the blue, as Apple has previously integrated the use of Bitcoin and other prominent cryptocurrencies within its wallet by adhering to a specific crypto exchange just to pull it off. The job description was also very clear in expressing the very expertise required of this professional.

About 5+ years of experience is required from the candidate, and they should have previously worked with alternative payment providers, including Fast payments, cryptocurrency, BNPL, and digital wallets. This is the very advertisement put out by Apple in its very entirety. This job description is enough to deduce that Apple has not shown any practical interest in joining the crypto sector before but is now willing to give it a full go. Any apps present on the Apple App store are required to abide by the strict rules of Apple’s own commerce solution. 

It is still very unclear and early in aspects of ensuring that Apple will be moving to the cryptocurrency market, but a shift has been made in the direction of alternative payments. Maybe in the next few years, Apple might have started its own digital token or streamlined with the cryptocurrencies present at the time, although nothing can be said for sure right now.

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Christian Klausen

Christian Klausen

Christian Klausen is a talented news writer renowned for his compelling storytelling and comprehensive research. With a sharp eye for detail, his articles offer readers a thought-provoking and well-informed perspective on a wide range of current topics.

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