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Apple Hints At Having Cryptocurrency Interest After Posting “Alternative Payment” Job Ad


Apple has discreetly shown that they may have interest in cryptocurrency after posting a job ad that was seeking for new talent in their payment division sector.

The ad posted by Apple was looking for a business manager for “alternative payments” which would include cryptocurrencies.

According to the ad prospective applicants must have “serval years of experience in cryptocurrency” which has speculated that the days of Apple sitting on the sideline when it comes to cryptocurrency is over.

Many experts believe the days of Apple casting aside payment innovation methods could be coming to an end.

Coin Desk covered the story check out what they had to share:

Apple is looking to hire a business development manager with experience in the cryptocurrency industry to lead its “alternative payments” partnership program.

In a Wednesday job posting, Apple said candidates should have five years or more “working in or with alternative payment providers, such as digital wallets, BNPL [buy now pay later], Fast Payments, cryptocurrency and etc.”

The Cupertino tech giant said the manager would be Apple’s chief negotiator for the alternative payments space.

“The Apple Wallets, Payments, and Commerce (WPC) team is seeking an experienced Business Development Manager to lead Alternative Payments Partnerships,” the company wrote.

Apple has long maintained an ironclad grip over payments, especially in its App Store, which has never accepted customers’ crypto and forces all catalog apps to use Apple’s commerce rails and play by Apple’s rules.

CNBC didn’t stay silent and reported the story too:

Apple is looking for a lead negotiator to strike partnerships with “alternative payment” partners, according to a job listing posted on Tuesday.

The role, according to the listing, would include screening potential partners, negotiating and signing deals, and launching new programs and features for Apple’s Wallets, Payments, and Commerce team. It will also work with Apple Pay teams.

“Lead the partnership program with key players in the Alternative Payments ecosystem, covering the complete process of partner identification, business case development and socialization, partnership negotiation, contract signing and execution, go to market launch and continued partnership value growth,” the job listing says.

Apple has a digital wallet app built into the iPhone, called Wallet. When it started in 2012, it could hold digital boarding passes. Over the years, it has grown to include a number of financial services, such as contactless Apple Pay, peer-to-peer payments, the Goldman Sachs-powered Apple Card and loyalty rewards programs.

Apple CEO Tim Cook has publicly discussed his vision of a future without physical cash, only digital payments.

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