A new payment method has been implemented by the global cryptocurrency exchange Crypto.com to make buying cryptocurrencies on mobile devices simpler. Users may send, receive, and pay for products and services easily using Google Pay, a worldwide payment method.
Over 50 million people use Crypto.com worldwide, which was launched in 2016. Users who have a debit or credit card will be able to purchase cryptocurrency easily thanks to the in-app integration option. The integration is scheduled to go live next week, according to the details.
Since May 19, 2022, Crypto.com integrated Google Pay for customers using Visa cards in Australia and New Zealand. Users who had a Crypto.com Visa card could now utilize the Google Pay app to make purchases.
Users can access the most recent integration feature by selecting “Trade” on the exchange’s app’s homepage. Users can choose Google Pay under the Cash section as their chosen method of payment after hitting the buy button. Despite the challenging market conditions, the company had to fire several people, but it is still growing internationally.
The Italian financial regulators have just granted regulatory permission to Crypto.com, a new exchange. In a news release, the exchange recently claimed that it has received the regulatory approval of Organismo Agenti e Mediatori (OAM).
As a result, the exchange will be able to offer its Italian customers a variety of goods and services. Additionally, Crypto.com became one of the select few notable cryptocurrency exchanges to be granted in-principle approval for a Major Payment Institution License by the Monetary Authority of Singapore (MAS).