However, The Company Is Still Fighting With Epic Games Over Apple’s Payment Policy

Apple may be developing its own cryptocurrency as the company posted a job opening on Wednesday, May 26, which denotes “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.”

Rumors about Apple entering the crypto space with its own cryptocurrency roamed the brand community for quite some time, but the job post is the first indicator that such an event could possibly happen. According to the job post, the expert would be Apple’s main 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. We are looking for a proven professional in global alternative and emerging payment solutions. We need your help forming partnership framework and commercial models, defining implementation paradigms, identifying key players, and managing relationships with strategic alternative payment partners,” the job offer states.

Apple, however, has been quiet about accepting cryptocurrencies as payment methods. Since its inception, the Apple App Store platform forced customers to play by their rules in terms of payment. Furthermore, Apple’s tightly controlled ecosystem is under fire in the form of a court fight, issued by Fortnite developer Epic Games.

In the lawsuit, Epic sues Apple over the tech company violating antitrust laws and stifle payments innovation. According to Epic Games, app and game developers could accept “bitcoin or other cryptocurrencies”, if it wasn’t for Apple’s payment rules.

Apple’s stance on the crypto sector, however, is still not disclosed.

Cryptocurrency crypto Apple cryptocurrencies cryptocurrency news crypto news Payments

Cookie Policy uses cookies to enhance your experience. By continuing without changing your settings, you agree to this use. To provide the best blockchain and crypto media on the web for free, we also request your permission for our partners and us to use cookies to personalize ads. To allow this, please click "OK". Need more info? Take a look at our Cookie Policy.

OK Cookie Policy