Bitcoin
A$ 81,931
WINkLink
A$ 0.0008244
Ethereum
A$ 5,542.6

PayPal to Launch Crypto Checkout: Allowing US Customers to Pay With Bitcoin at Millions Merchants

PayPal will reportedly announce later today that it has started allowing consumers from the US to use cryptocurrency to pay at the millions of merchants that the payment processor supports.

  • PayPal, the world’s leading online payment processor, will announce later today that it has started allowing US customers to use their crypto within its network, Reuters reports.
  • According to the release, this is a move that might significantly boost the usage of digital assets altogether.
  • People who have bitcoin, ether, litecoin, and bitcoin cash in their PayPal digital wallets will be able to convert them into fiat currencies at checkouts to make the purchases.
  • Speaking on the matter was Dan Schulman, CEO and President at PayPal, who said:

This is the first time you can seamlessly use cryptocurrencies in the same way as a credit card or a debit card inside your PayPal wallet.

  • With this, PayPal becomes one of the largest financial companies to open its entire network to cryptocurrency users and to help their further adoption.
  • The move is also in line with what the company has previously laid out as future plans.
  • In response, the cryptocurrency market saw another leg up.
  • Bitcoin’s price is currently topping $59K, while altcoins are also following.

Related Posts

Leave a Reply

Subscribe To Newsletter

For updates and exclusive offers, enter your e-mail below.

Donate To Cryptonic Australia


Donate BTC: 1MPYuHUKm3AhNivMSngqLnoEbpNEecHeEK
Donate Doge: DDYybw7H8zx8EYU74JrGW8WwmYh9AGuyMC
Donate WinK: TDiXutqKE3P17LpZMQh3SDBCGSkAC6iEjB




Avalanche (AVAX) Founder: Stablecoin Adoption Will Mark The Success of the Crypto Industry
October 24, 2021
What number of characters of an handle do I truly must confirm?
October 23, 2021
Report: Over 3 Million E-mail Addresses of CoinMarketCap Customers Leaked
October 23, 2021




Avalanche (AVAX) Founder: Stablecoin Adoption Will Mark The Success of the Crypto Industry
October 24, 2021
What number of characters of an handle do I truly must confirm?
October 23, 2021
Report: Over 3 Million E-mail Addresses of CoinMarketCap Customers Leaked
October 23, 2021


CryptoCurrencyAUDChange 1hChange 24hChange 7d
Bitcoin81,931 0.06 % 0.01 % 0.03 %
Ethereum5,542.6 0.24 % 2.94 % 7.32 %
Binance Coin648.63 0.10 % 0.71 % 3.48 %
Tether1.340 0.08 % 0.15 % 0.16 %
Cardano2.890 0.14 % 0.31 % 1.26 %
Solana264.04 0.03 % 1.20 % 24.51 %
XRP1.460 0.19 % 0.16 % 4.24 %
Polkadot58.83 0.17 % 0.72 % 4.63 %
Dogecoin0.3346 0.01 % 1.80 % 4.67 %
USD Coin1.340 0.11 % 0.08 % 0.16 %

Recent Comments

Allison wick

I was a victim of WDC Markets investment scam some months ago myself. It was...

Greatness

he is the best when it comes to recovery, he helped recover my funds without...

URL

... [Trackback] [...] There you will find 63491 more Infos: cryptonic.com.au/evaluation-suggests-bitcoin-robust-palms-are-shopping-for-this-dip/ [...]