Google has hired former PayPal executive Arnold Goldberg to help bolster Google Pay, with plans to expand into the crypto space.
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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.
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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."
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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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