The future is in cryptocurrencies, or this is what more and more people think. Recently, Tesla bought a large amount of Bitcoin, and this has triggered a chain reaction, which has spurred more companies to use this virtual currency as a payment method for their products and services.
On the one hand, the most important payment gateways in the mobile world are already starting to accept bitcoin and other cryptocurrencies in their payment options. First, Apple Pay announced that it would include BitPay and now it’s Google Pay and Samsung Pay, the two largest payment gateways in the Android system.
BitPay supports many cryptocurrencies in addition to Bitcoin. The most popular ones are Bitcoin Cash, Ethereum, USD Coin, Gemini Dollar, Paxos, and Binance. The advantage of BitPay is that cryptocurrencies can be converted into traditional currencies, which allows users to use this card in any institution that accepts Mastercard debit cards.
Unfortunately there is no clear date yet to allow payment in cryptocurrency, although we know it will arrive in the first four months of this year. In addition, once enabled, it will be available for the United States first, and then will be available to more regions of the world.
On the one hand, it should be remembered that this is not the first cryptocurrency payment service to be supported. About a year ago, in March 2020, Coinbase announced an association with Google Pay.
However, this can only be good news for users. More payment options and in cryptocurrency promise a really interesting future for everyone. for this reason