Apple Hiring Business Managers with Crypto Payments Exposure

05/28/2021

“The Apple Wallets, Payments, and Commerce (WPC) team is seeking an experienced Business Development Manager to lead Alternative Payments Partnerships”, according to a recently published job description by the tech giant.

“We are looking for a proven professional in global alternative and emerging payment solutions. We need your help forming partnership framework and commercial models, defining implementation paradigms, identifying key players and managing relationships with strategic alternative payment partners. This position will be responsible for the end to end business development, including screening partners, negotiating and closing commercial agreements and launching new programs”

Key Qualifications

The key qualifications require at least five years of experience working in alternative payment providers, such as digital wallets and crypto-assets. Candidates will be responsible for the end-to-end business development and launching of new programs related to FinTech products.

Source Apple – Botsfolio: Job Description, Business Development Manager, Alternative Payments

What does this mean?

Apple has been fishing around the crypto space for some time now. Previously implemented, Apple Pay users can directly buy Cardano (ADA) through an integration with Simplex, an Israeli-based provider of fiat to crypto.

In February, Gemini exchange announced support for Apple Pay, allowing its users to buy crypto through the integration. BitPay, a crypto payments company, rolled out a similar integration in the same month. Both announcements sparked further speculation that Apple would soon take a deeper dive into crypto.

Although, Apple has not clarified what its plan is with cryptocurrencies whatsoever. However, most payment giants that adopted crypto turn cryptocurrencies to fiat to allow payments for their global merchants, like PayPal —who recently declared “impressive performance” due to cryptocurrencies.

As per Apple’s statement:

The comments by Chandra were first made during a recent virtual conference in which he explained why the government should develop a proper regulatory framework for the industry as well as a better understanding on the government’s part.

“emerging financial technologies can reshape the way people live as new ideas have a way of becoming extraordinary products, services, and customer experiences people once couldn’t have imagined — and now can’t imagine living without.”

After tech and financial giants have brought cryptocurrencies to light, speculations on what Apple intends to do with Cryptocurrencies have been largely discussed by the crypto community.

Is this part of larger trend?

Apple and Tesla are not the only giant firms in the US to show interest in cryptocurrencies. This year, leading payment service providers such as PayPal, MasterCard and Visa also ventured into cryptocurrencies by launching a new division. Wall Street firms have also been looking into cryptocurrencies to meet the increased demand for these assets by clients.

Despite the achievements the crypto market has made this year, the market crashed a couple of weeks ago, leading to nearly 50% of cryptocurrency value being wiped off the market. However, this has not deterred continued investment into the sector, with institutional buyers in particular leaning towards buying the dips.

Trade Safe and Earn Smart with Botsfolio

If you're still feeling all this is a little too much for you to take in, then sit back and relax. Let us do the heavy work for you. The Botsfolio gets you in the crypto trading game pro-style in 5 easy steps:

  1. Sign up
  2. Connect with or Create an account with a currency exchange
  3. Pick a strategy (we make it real simple for you to choose as per your goals)
  4. Start your trading bots and that's it.
  5. We'll take it from there.

Whenever you feel like, open the dashboard to track your investment fund taking shape and bringing in returns.

View Latest Value Performance of Trading Bots on our Platform.

You Might Also Want To Read

Which country is most interested in bit…

The country with the largest population in Africa seems to be interested in cryptocurrenc…

Microstrategy will pump another $500 mi…

MicroStrategy currently holds the most Bitcoin on its balance sheet out of all publicly t…

XRP Price Analysis - How high will it g…

XRP’s value has plunged by nearly 40%, from the peak of $1.70. This crash has cost many i…

Do you know any Bitcoin Billionaires in…

Since Bitcoin started the cryptocurrency revolution in 2009, the crypto space has grown d…

At $50B, Dogecoin market cap bigger tha…

Dogecoin (DOGE) has been making news in April. Initially, it was trading in its usual $0.…

Bitcoin grows stronger with nodecount t…

As per the latest data released from Bitcoin network tracker Bitnodes.io, on July 5 the n…