Crypto.com Debuts in-App Buying With Google Pay

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Cryptocurrency trading platform Crypto.com has launched an in-app purchase feature on Google Pay, which lets users easily buy cryptocurrencies, according to a Thursday (July 21) press release emailed to PYMNTS.

Users can tap into this feature by adding their credit or debit card to Google Pay. From there, they can use Google Pay as a fast and secure way to buy more than 250 coins in the Crypto.com app, the release stated.

The five-step process starts when users tap trade on the app homepage. Then they can select buy and choose a cryptocurrency. Under the cash setting, they can select Google Pay and hit the buy button once more.

Once thats done, users can tick the checkbox to accept a card processing fee and hit continue before tapping confirm to complete their purchases.

Once the purchase is complete, the balances will be updated accordingly in Crypto Wallet users, and they will also be able to check their transaction history in the Crypto.com app, the release stated.

Earlier this week Crypto.com announced it won regulatory approval from Italys Organismo Agenti e Mediatori, allowing it to distribute its products and services in the country. That approval follows similar permissions in Greece, Singapore and Dubai.

Read more: Exchange Crypto.com Launches in Italy

We are committed to building lasting growth in the region and will continue working with regulators to deliver a wide range of products and services to our valued customers, Crypto.com Co-Founder and CEO Kris Marszalek said.

In May, Crypto.com said it was working with Shopify to allow merchants on that platform to enable Crypto.com Pay on their online storefronts, giving customers more ways to make their purchases with cryptocurrencies.

See more: Shopify Merchants Now Accept Instant Crypto Payments

Providing more customers and merchants the ability to engage in commerce using cryptocurrencies is a priority for Crypto.com, Marszalek said at the time.

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