Categories: Payment system news

CryptoCom App Launches Google Pay Purchase Feature

CryptoCom – a leading North American cryptocurrency exchange – has launched its new in-app Google Pay purchase feature. This will allow users to purchase cryptocurrency more quickly through their Android devices through Google Pay.

  • According to a press release shared with CryptoPotato, users may take advantage of the feature so long as their debit/credit card is added to their Google Pay.
  • With that, users may purchase over 250 cryptocurrencies available at the exchange with the CryptoCom app.
  • To use the feature, users must tap “Trade” on the app’s homepage, then “Buy” to select a cryptocurrency.
  • They must then select “Google Pay” under the “Cash” tab, then click “Buy” again.
  • From there, users must tick the checkbox to accept their card’s processing fees, then tap “Continue” and “Confirm.”
  • “Once the purchase is complete, the balances will be updated accordingly in users’ Crypto Wallet and they will also be able to check their transaction history in the Crypto.com App,” reads the press release.

  • In May, CryptoCom expanded CryptoCom Pay to Shopify merchants, allowing its customers to buy products using over 20 cryptocurrencies and tokens.
  • The exchange also provides a Visa card that pays cashback using its native Cronos (CRO) token. In May, the price of the token crashed by 15% after the company slashed those rewards.
  • Google partnered with the digital asset marketplace Bakkt in October to allow users to integrate their Bakkt Visa Debit card into Google Pay. This allows holders to use Google Pay to effectively buy assets with crypto at any merchant that accepts Visa.
superadmin

Recent Posts

Market Analyst Predicts Ripple’s XRP Next Move Could Send Price Soaring to $15

XRP traded largely flat on Monday following a volatile week marked by a broader cryptocurrency…

6 hours ago

Strategy Says Its Bitcoin Stash Could Keep Dividends Flowing For 31 Years

Strategy is back in the spotlight after revealing its Bitcoin treasury could support shareholder dividends…

6 hours ago

The fall of BitMEX and BitMart: Could Exchange Collapses Bring Crypto Market Rebound? CZ Reacts

Recent business collapses of exchanges have brought speculation about whether such crashes could trigger the…

6 hours ago

Is Ethereum Readying for Bullish Takeoff? Mysterious Whale Spends $50.04M DAI to Buy 25,425 ETH

Whale clients are showing renewed appetite for Ether, a development that could benefit crypto customers…

6 hours ago

EMCD Commits Up to $30M to Miners Facing the Industry’s Toughest Profitability Squeeze

EMCD, a global crypto-fintech platform and one of the world’s largest Bitcoin mining pools, has…

15 hours ago

Trump Token Team Moves $16M TRUMP Coin to Fireblock Custody; Will TRUMP Breakout from Downtrend?

TRUMP Coin is attracting crypto traders’ attention following the Trump token team's move to transfer…

1 day ago