You can soon use cryptocurrency for payments in Google Pay, Samsung Pay

• Cryptocurrency payment service BitPay will bring its solution to Google Pay and Samsung Pay.
• This will enable Google Pay and Samsung Pay users to essentially pay for transactions using their crypto funds.

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Google Pay and Samsung Pay are two of the dominant payment options in the Android smartphone space, allowing you to make transactions using a stored credit card, debit card, and more.

Now, cryptocurrency payment service BitPay has announced that it’s bringing its BitPay Card to Google and Samsung’s mobile payment apps. This will essentially allow Google Pay and Samsung Pay users in the US to pay for transactions using Bitcoin and other cryptocurrencies (albeit after converting it into fiat currency).

BitPay’s wallet app supports Bitcoin, Bitcoin Cash, and Ether, as well as several dollar-pegged cryptocurrencies (namely USD Coin, Gemini Dollar, Paxos Standard and Binance USD). The BitPay Card allows users to convert their cryptocurrency into traditional currency, with customers able to use this card wherever 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 just hit Apple Pay too, so hopefully it’s a case of sooner rather than later.

This isn’t the first cryptocurrency service to integrate with a major mobile payment platform. Back in March 2020, Coinbase announced that Android users could use its Coinbase card on Google Pay to make payments with cryptocurrency. Nevertheless, it’s encouraging to see more options being available.

from Android Authority https://ift.tt/2ZgYTkL