In theory, the new functionality allows anyone that uses Google's Payment Request API to now accept bitcoin in their online stores.
According to Gaundry, the new functionality that enables bitcoin payments is meant for accepting future payment methods that don’t fall under the official list of methods. So, in theory, the API could support any currency as long as it has a three-letter code. Talk about competing currencies; merchants can potentially accept any digital currency under the sun. By using bitcoin as an example for how this new utility works, though, Gaundry — intentionally or not — has suggested that the future might already be here.