OnePay users will soon be able to hold Bitcoin and Ethereum in their mobile app wallet to potentially make Walmart and other retail store purchases or pay off card balances.
Image credits: OnePay
As first reported by CNBC, OnePay, a fintech company that offers its customers credit card and digital wallet services with special rewards from its founding company, Walmart, is exploring crypto support opportunities via Zerohash collaboration.
According to people familiar with the matter, the firm is expected to enable users to buy and hold bitcoin (BTC) and ether (ETH) within its mobile app later this year. If implemented, this feature would allow customers to manage their digital assets directly in the OnePay app, potentially converting crypto into cash for in-store purchases or credit card payments.
Reportedly, the new cryptocurrency payment and custody features will be introduced with the help of crypto infrastructure startup Zerohash. Zerohash, which recently raised $104 million from investors including Morgan Stanley and Interactive Brokers, has been positioning itself as a key technology provider for banks and fintechs launching crypto products.
However, the company has not yet officially confirmed these plans, the timeline of implementation, or the scope of the proposed crypto offering.
The reported move aligns with the growing mainstream adoption of cryptocurrencies in the U.S., following a shift in the government’s approach under President Donald Trump. Major financial institutions such as Morgan Stanley have also begun expanding into retail crypto services, further legitimizing the sector.
For OnePay, the development would represent the next step in its effort to become a comprehensive “super app” for digital finance. Since its founding in 2021 by Walmart and Ribbit Capital, the company has expanded from basic banking features to offer savings accounts, debit and credit cards, “buy now, pay later” options, and even mobile phone plans.
