Apple is quietly exploring the field of alternative payments

Perhaps the company Apple recently, it sent a subtle hint to the markets about its interest in developing the sector of alternative payment systems.

The cryptocurrency market is gradually recovering from the turmoil of the past week. Against this background, the factor of additional support for it may be the news that the technology giant Apple is also beginning to slowly become interested in alternative ways of making payments.

Requires a cryptospecialist

At least, this conclusion was made by the participants of the crypto community after learning about the announcement of a new vacancy posted by the company on its website. As it turned out, Apple’s management is looking for a business development manager, with a special focus on the sector of alternative payment methods.

According to the information about the job, Apple is looking for a person who will join the team working with Apple wallets, payments and commercial activities. At the same time, as emphasized in the announcement, the scope of his duties will include the management of partnerships in the field of alternative payments.

The requirements for the candidate list, in particular::

“At least 5 years of experience working with alternative payment providers, such as digital wallets, BNPL shared payment services (“buy-now-pay – later” – buy now, pay later), fast payments, cryptocurrencies, etc.»

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Is the ice breaking?

The very fact that the Apple team posted such an announcement is in itself a good sign for the crypto space. Earlier, the tech giant stubbornly showed no interest in alternative payment methods.

Read the material BeInCrypto: Apple and Berkshire Hathaway were the only major blockchain skeptics according to Forbes

Moreover, all applications offered on the App Store work only on the basis of Apple’s own developments and are subject to strict internal requirements.

Last fall, the CEO of the cryptocurrency exchange Coinbase, Brian Armstrong, even claimed that Apple is deliberately blocking dApps in the App Store. In his opinion, in this way, the company deliberately restrains the development of digital innovations in the field of cryptocurrencies.

A little earlier, in August last year, the markets watched the war that broke out between Apple and Epic Games. Then Apple blocked a multibillion-dollar game for trying to circumvent the App Store payment system, and the developer Fortnite in response accused Apple of antitrust behavior and sued the company.

The current job announcement is not a guarantee that Apple is determined to explore the field of alternative payments. However, it can still be considered good news about a possible change of mood in the company’s management.

Meanwhile, PayPal founder and CEO Dan Shulman notes the unprecedented demand for cryptocurrency among users of the payment service. He believes that in ten years, the indicators of the use of not only cash, but even bank cards, will drop sharply.


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