Apple seeks a Business Development Manager for Alternative Payments such as Fast Payments, BNPL, Cryptocurrency & more
Apple is looking for a lead negotiator to strike partnerships with "alternative payment" partners, according to a job listing posted on Tuesday. The job posting mentions some specific examples of alternative payments experience that Apple is looking for, including digital wallets, BNPL (buy now pay later, like Affirm), fast payments and cryptocurrency.
The role, according to the listing, would include screening potential partners, negotiating and signing deals, and launching new programs and features for Apple’s Wallets, Payments, and Commerce team. It will also work with Apple Pay teams.
“Lead the partnership program with key players in the Alternative Payments ecosystem, covering the complete process of partner identification, business case development and socialization, partnership negotiation, contract signing and execution, go to market launch and continued partnership value growth,” the job listing says.
But Apple executives have poured cold water on the idea. In 2019, an Apple Pay executive said that the company saw “long-term potential” in cryptocurrency technology but isn’t focused on it. Later that year, Apple CEO Tim Cook shot down the idea of Apple launching its own cryptocurrency, like Facebook’s Diem. For more on this, read the full CNBC report.
Having 'Cryptocurrency on the job description does at least open the door a crack should Apple feel the need to support that segment of the financial market sometime down the road.