Bitcoin Cash paymentsBitcoin PaymentsBitcoin.comcheckout with cryptocrypto paymentsNewspay with bitcoinPayPalpaypal bitcoinpaypal crypto

Paypal Enables Cryptocurrency Payments at Millions of Stores With ‘Checkout With Crypto’ Launch

Payments giant Paypal has launched the “Checkout With Crypto” service to allow consumers to make payments at millions of merchants using cryptocurrencies in their Paypal wallets. “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,” said Paypal’s CEO.
Crypto Payments Through Paypal Now Enabled at Millions of Merchants
Paypal Holdings Inc. announced on Tuesday the launch of a new service called “Checkout with Crypto.” The announcement details:
Available at millions of global online businesses and continuing to expand over the coming months, Paypal customers with cryptocurrency holdings in the U.S. will be able to choose to check out with crypto seamlessly within Paypal at checkout.
“Checkout with Crypto will automatically appear in the Paypal wallet at checkout for customers with sufficient cryptocurrency balance to cover an eligible purchase,” the announcement adds. “All transactions are settled in USD and converted to the applicable currency for the business at the standard Paypal conversion rates.”
The currently supported cryptocurrencies are bitcoin, bitcoin cash, litecoin, and ether. The crypto payment service will be available at all of its 29 million merchants in the coming months, the company told Reuters, adding that it will charge no transaction fee for payments using cryptocurrencies and only one type of coin can be used for each purchase.
Paypal’s crypto payment service launch followed Elon Musk’s Tesla accepting BTC as a means of payment for its cars. However, Paypal …
Story continues on

Related posts
Banking RegulatorBinance.usBitcoin.comBlake PaulsonBrian BrooksCatherine ColeyCoinbaseCryptoCrypto ComptrollerExchangesNewsOCCOffice of the Comptroller of the CurrencyregulatorUS Binance

Former Comptroller of the Currency Brian Brooks to Lead Binance’s US Trading Platform

A former top regulator and acting head of the U.S. Comptroller of the Currency, Brian Brooks has been appointed the CEO of crypto exchange Brooks will lead the exchange on May 1st and replace the company’s current lead, Catherine…
AltcoinsAnalysisHideCryptopanicNewsNews 1Trading View

Cardano Price Analysis: 20 April

Cardano’s price has seen rangebound price movement for more than a month. While the surge that took place at the start of February did seem promising, the coin hasn’t been able to replicate such uThe post Cardano Story continues on…
B2BrokerBitcoin.comPress Release

B2Broker Continues to Work Hard to Deliver a Full Suite of Technology and Liquidity Solutions

PRESS RELEASE. B2Broker is a technology and liquidity provider serving clients in the crypto and foreign exchange (FX) industry with over 165 employees worldwide. Since setting out in 2014, the company has secured some of the most well-known global clients…

BTCNN is for sale