OnePay to Add Crypto Services Amid Drive to Build Financial Super App

OnePay to Add Crypto Services Amid Drive to Build Financial Super App

By PYMNTS
OnePay reportedly plans to add cryptocurrency trading and custody services to its financial app. These new services from the FinTech company that is majority-owned by Walmart will be powered by Zerohash and will enable users to access bitcoin and ether later this year, CNBC reported Friday (Oct. 3), citing unnamed sources.

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OnePay, the Walmart-majority-owned FinTech platform, is expanding into cryptocurrency services as part of its ambitious financial super app strategy. The digital payment company plans to integrate Bitcoin and Ethereum trading and custody capabilities powered by ZeroHash, targeting a launch later this year.

This strategic move positions OnePay to compete directly with established crypto platforms and traditional financial apps offering digital asset services. By leveraging ZeroHash's institutional-grade cryptocurrency infrastructure, OnePay aims to provide secure Bitcoin and Ethereum access to mainstream consumers through its existing financial ecosystem.

The development represents a significant shift in corporate crypto adoption, with Walmart's backing lending credibility to digital asset integration in traditional retail finance. OnePay's cryptocurrency expansion could accelerate mainstream DeFi adoption and blockchain technology acceptance among conventional consumers.

This announcement comes amid growing institutional interest in cryptocurrency services, as FinTech companies increasingly view digital assets as essential components of comprehensive financial platforms. OnePay's crypto integration strategy may signal broader market trends toward multi-service financial super apps incorporating traditional banking, payments, and cryptocurrency functionality under unified platforms.

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Market Sentiment
positive
Category
bitcoin
Reading Time
1 min read
Article Type
Article
Topics & Keywords
#Bitcoin#Ethereum#Market

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