Bakkt explained that “users will be able to add their virtual Bakkt Visa Debit Card into Google Pay to purchase everyday goods and services online, in-store, or wherever Google Pay is accepted.”
Unfortunately, this is limited to those that are "
residing in the United States".
- If only we could've used our "Google Play balance for contactless payments", then none of these partnerships/collaborations would've mattered [with the help of crypto platforms that sell gift cards].
Cryptocurrencies, such as bitcoin will be converted to fiat currency for these payments to occur, the company clarified.
Does anybody know how much fee/percentage they'd be charging for the conversion part?