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Google Teams Up With Bakkt To activate Google Pay to Crypto Users

During a press release from BusinessWire, users will begin spending Card crypto funds directly from Google Pay. Furthermore, This is coming after Bakkt releases its Visa Debit Card earlier this year. Meanwhile, Customers can make transactions through digital assets wherever Google Pay is accepted.

More so, this process will convert cryptocurrencies into fiat currency before coming into the recipient’s account. Additionally, payment for any products, both online and in-store will be through digital assets.

Notably, Bakkt is set to use Google Cloud as its preferred cloud provider to advertise its services.

Also, the cloud’s tool will help them implement new strategies, while consumers enjoys this privilege.

CEO Gavin Michael explains,

“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…”
“Additionally, partnering with Google Cloud will enable us to continue to build a best-in-class,..” “…innovative platform that can undoubtedly scale to meet the needs of millions of users.”

Crypto Adoption Expansion

However, This recent partnership is just one of many ways Bakkt seeks to expand its crypto adoption. Especially in the US.

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Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.