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Apple looking for a manager to handle alternative payments and has cryptocurrency experience

Apple has listed a job opening for its Apple Wallets team that seeks candidates having extensive cryptocurrency experience as an alternative payments option.

twitter-logoSarthak Dogra | May 27, 2021 | Updated 15:04 IST
(Image for representation: Apple)

Highlights

  • The position requires five or more years of work experience with alternative payments option like cryptocurrencies.
  • The chosen candidate will join Apple Wallets, Payments, and Commerce team.
  • The company might be looking to evaluate its entry into the cryptocurrency industry with this position.

Apple has never had a strong stance on the use of cryptocurrency, that is, till now. The Cupertino tech major might be looking at the prospect of including cryptocurrency as part of its payment solutions if a recent job listing by the firm is anything to go by.

Apple is looking for someone experienced in cryptocurrency and other alternative payment solutions to join its Apple Wallet team. The company has posted a new job opening this week, titled "Business Development Manager Alternative Payments."

As spotted by CoinDesk first, the position lists cryptocurrency as one of the "key qualifications" required for application. What's more, the company is asking for a work experience of 5 or more years with alternative payment providers, like digital wallets, BNPL, Fast Payments, as well as cryptocurrency.

In addition, the job role requires more than 10 years of professional experience with 6+ years in business or market development at multiple financial services firms. The chosen candidate will join the Apple Wallets, Payments, and Commerce team or the WPC team.

The job posting is a part of Apple's attempt at establishing new Alternative Payments Partnerships. Through the listing, the company requires a proven professional who can enable alternative and emerging payment solutions on Apple's existing services.

This position might be the only public indication that Apple has provided in recent years over its outlook on Cryptocurrency. Back in 2019, the tech major mentioned that it was "watching cryptocurrency" for its Apple Pay services, but no headstrong development has been made in this space since then.

If it wants to, Apple can make significant strides in this segment that is largely untapped as the traditional banking majors remain sceptical of cryptocurrencies. Apple can possibly integrate a cryptocurrency exchange desk or simply accept cryptocurrency payments on its Apple Wallet. Alternately, it can invest directly in cryptocurrencies, much like Tesla did by buying Bitcoins earlier this year.

Whichever option it goes for, it will be interesting to see the world's top technology company engage in the world of cryptocurrencies, i.e. if it chooses to do so.

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