apple pay cryptocurrency

According to a new job posting this week, Apple is looking to add to its Apple Wallet team someone with familiarity with cryptocurrency and other alternative payment methods. CoinDesk was the first to notice the opening, which is for a “Business Development Manager – Alternative Payments.”

The person picked for the position would join Apple’s Wallets, Payments, and Commerce team, also known as the WPC team internally. The inclusion of cryptocurrencies is mentioned in the position’s “key qualifications.” Apple specifies that candidates for this position have five years or more of experience working with or with “alternative payment providers, such as digital wallets, BNPL, Fast Payments, cryptocurrency, and other similar technologies.”

A minimum of 10 years of professional experience is required, including at least 6 years in “business or market growth at numerous organizations in financial services divisions.”

It further explains;

“The Apple Wallets, Payments, and Commerce (WPC) team is seeking an experienced Business Development Manager to lead Alternative Payments Partnerships. 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.”

The mention of cryptocurrency in this job posting has gotten the most attention. It’s crucial to remember that Apple job postings are frequently vague and broad, and they don’t always hint towards upcoming goods or services. Nonetheless, the fact that Apple is seeking someone with cryptocurrency experience is interesting.

Apple Pay vice president Jennifer Bailey suggested in a 2019 interview that the business was “monitoring cryptocurrency.” Apple feels cryptocurrency has “interesting long-term potential,” according to Bailey. Unlike other firms such as Tesla, Apple has not revealed any cryptocurrency investments.

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