Apple Hiring a Manager with Experience in Alternative Payments including Crypto and Digital Wallets
Tech giant, which is sitting at $195.57 billion in cash, is looking for a professional in global alternative and emerging payment solutions.
Tech giant Apple is now hiring for a Business Development Manager for Alternative Payments.
The Apple Wallets, Payments, and Commerce (WPC) team is looking for a Business Development Manager to lead Alternative Payments Partnerships — a professional in global alternative and emerging payment solutions.
Posted this week, the job is located at the company's headquarters in Cupertino, CA, and they are looking for someone with over a decade of experience in financial services.
However, the most important part is more than five years of experience required in or with alternative payment providers, such as digital wallets, BNPL, Fast Payments, cryptocurrency, etc.., as per the job description.
This is an interesting development given that back in August 2019, Apple credit card launched with Goldman Sachs Group, designed to be used with Apple Pay on Apple devices, specifically stated that they would not allow the purchase of cryptocurrencies with it.
Ever since Tesla announced its $1.5 billion investment in Bitcoin earlier this year, the crypto community has been expecting another big name like Google, Facebook, or Apple to do the same, but so far, nothing of the like has happened.
In its fiscal Q1 2021 earnings report, the company with a $2.1 trillion market cap revealed that Apple has one of the largest cash piles in the US. Up 2% from last quarter, Apple has $195.57 billion in cash on hand.