Bakkt’s Users Will Be Able to Buy Goods Using Google Pay
Bakkt exchange users who have its debit cards will be able to convert cryptocurrency to make fiat payments using Google Pay.
Bakkt announced on Friday that it has partnered with Google. Thanks to this partnership, Bakkt users will be able to purchase goods or services using Bitcoins and other cryptocurrencies through the wallet and Google Pay payment system.
Bakkt also plans to use Google Cloud tools to create new analytics and geolocation functions on its platform.
According to Google, millions of retailers are currently accepting Google Pay as a form of payment, potentially giving Bakkt users the ability to pay with cryptocurrency at supermarkets, pharmacies, restaurants, clothing stores, gas stations, beauty salons, and more.