Google hires PayPal Exec to lead its crypto payments push
Paying a lot of attention to crypto
Google has hired former PayPal executive Arnold Goldberg to help bolster Google Pay, with plans to expand into the crypto space.
Arnold Goldberg has been given the task to lead Google’s payment division in a move to enable its users’ access to a wider range of financial services, including cryptocurrencies. Until now, Google has avoided offering crypto as part of its financial services.
Bill Ready, Google’s president of commerce, confirmed to Bloomberg yesterday that the company wants to broaden the scopes of its payments efforts. “Crypto is something we pay a lot of attention to,” Ready told Bloomberg. “As user demand and merchant demand evolves, we’ll evolve with it."
Google Pay is a digital wallet platform and online payment system developed by Google to power in-app, online, and contactless purchases on mobile devices, enabling users to make payments with Android phones, tablets, or watches.
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