Onepay crypto app will add bitcoin and ether trading and custody to its mobile wallet, according to multiple sources, as part of a Walmart-backed push to broaden retail crypto access.
What is the walmart onepay partnership?
OnePay was founded in 2021 with backing that reportedly includes Ribbit Capital and Walmart.
However, ownership details have not been confirmed in an official release. Still, the company benefits from Walmart’s distribution: sources cite roughly 150 million weekly shoppers, underlining a sizable potential user base (Reuters).
How will onepay bitcoin support work?
Industry sources say OnePay will allow users to buy, hold and convert bitcoin (BTC) into fiat for purchases or to pay card balances.
Trading execution and custody are expected to be managed through a partner, rather than fully in-house. Consequently, fee schedules, insurance cover and settlement timing are still being finalised.
How will onepay ether custody be handled?
The plan reportedly in
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