Bitcoin Service Bakkt Enables Google Pay for In-App Purchases

Bakkt debit card holders will now be able to spend their Bitcoin via Google Pay at accepting merchants. Read the full article by: Matthew Di Salvo

Key Points:

  • Bakkt has been a player in the Bitcoin market for sometime now and has established themselves by acquiring a Bitlicense which allows them to also offer their services New York residents.

  • Bakkt and Google pay are now being integrated as well to allow customers that use the Bakkt Visa debit card to pay with their crypto.

  • This will work at accepting merchants by transferring the crypto into fiat at the PoS making payments in cryptocurrency seamless.

  • “This partnership is a testament to Bakkt's strong position in the digital asset marketplace, to empower consumers to enjoy their digital assets in a real-time, secure, reliable manner," Bakkt's CEO Gavin Michael said.

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