Apple is hiring a business development manager for “alternative payments,” implying that the company is interested in cryptocurrencies.
Candidates must have familiarity with alternative and emerging payment options, according to a job posting this week. Working in industries such as digital wallets, “buy now, pay later” services, and cryptocurrencies for more than five years is one of the most important qualifications.
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The new manager, who will be stationed in Apple’s Cupertino, California headquarters, would be in charge of forging new commercial deals with “strategic alternative payment partners.”
The iPhone maker is eyeing a new recruit as it prepares to accept bitcoin payments through its Wallet app. According to the Financial Times, the Apple App Store listing for prominent crypto exchange Coinbase states that it accepts transactions conducted using the Apple Wallet, although there are no details on how this connection would operate.
“We do not yet support Apple Pay,” according to Coinbase’s help page, “but we want to deliver a faster, safer option to spend cryptocurrency to iOS customers shortly.”
Apple’s employment posting has sparked speculation that the company is considering adopting bitcoins as a means of payment. Tesla said in February that it will accept bitcoin payments, prompting the crypto currency’s price to rise by 16 percent. However, the electric vehicle manufacturer quickly reversed its decision, citing climate-related concerns.
Apple has made no public pronouncements regarding its cryptocurrency aspirations so far, and the company did not immediately answer Insider’s request for comment on the job listing.
Jennifer Bailey, vice president of Apple Pay, told CNN in 2019 that the business believes cryptocurrency has “interesting long-term potential.”
Their Job Ads
A career at Apple might be your ideal job if you’re enthused about the prospect of making a meaningful difference and joining a team that prides itself on being one of the world’s most diverse and inclusive organizations.
Apple’s Wallets, Payments, and Commerce (WPC) division are looking for a Business Development Manager with experience leading Alternative Payments Partnerships. We’re searching for a seasoned expert in alternative and emerging payment methods from throughout the world. We require your assistance in developing a partnership framework and business models, defining implementation paradigms, identifying key participants, and maintaining connections with strategic alternative payment partners.
This job will be in charge of business development from start to finish, including partner screening, negotiating and concluding commercial agreements, and launching new programs.
We’re searching for someone who can work with uncertainty, like thinking about edge cases and asking, “What is an alternate way of accomplishing this?” and is a great verbal and written communicator with a high level of integrity, energy, and drive to “make things happen.”
This position is based in our Cupertino, California headquarters and will be a full-time in-house position after Apple resumes an in-office work arrangement following COVID.