PayPal Allows Bitcoin Transactions

Business Habit ⋅ @businesshabit ⋅ Nov 26, 2020

Bitcoin has been added to the list of transactions on PayPal, a popular global online payment system based in the United States. Not just Bitcoin; PayPal has also added cryptocurrencies or virtual currencies like Ethereum and Lightcoin to its payment gateway.

PayPal's landmark announcement comes just before the launch of the shopping service in the United States. PayPal's new service is going to be launched next week. The number of sellers or service providers offering PayPal is 26 million.

With the introduction of cryptocurrency, customers or payers will now be able to make payments to these sellers through this virtual currency through PayPal. Such currencies can be transacted through PayPal Digital Wallet service.

Meanwhile, other payment systems, such as Square's Cash and Revolt, have already added cryptocurrency to their payments system.

Category and Tags

Technology Paypal, Payment Gateway, Paypal Allows Bitcoin, Paypal Allows Lightcoin, Paypal Allows Ethereum

More stories by Business Habit

Down: Facebook, Instagram, Messenger: Massive outage caused by meta platforms that abruptly stop functioning

It looks that parent company Meta is experiencing a significant outage that has affected Facebook, Instagram, and Messenger.Users discovered that they couldn't load the websites or apps normally. Affected users discovered that Instagram would not fun

Elon Musk lost the Richest person's crown! Who behind ?

World's Richest Man: For the first time since 2021, Amazon.com Inc. founder Bezos, 60, has topped Bloomberg's ranking of the richest people.Elon Musk is suddenly under pressure. For ...

Just when 5G network deployment is almost complete, telcos are already discussing "5.5G."

Spain's BARCELONA The deployment of 5G wireless mobile networks has not yet been completed by telecom providers. Nevertheless, leaders of significant carriers are already discussing the development of "5.5G," or "5G Advanced," technology.At the Mobil

Google Gemini's product lead withdraws from social media following an unsettling AI product launch that resulted in abuse

Important PointsJack Krawczyk, the Gemini Product Lead, has deleted content from his social media accounts in response to a recent wave of hostility.Elon Musk, the owner of social networking platform X, among other public figures and users have been

VR apps are tried in emergency evacuation drills at Japanese universities

In the Japanese prefecture of Fukushima in the northeast, a disaster evacuation drill utilizing an augmented reality app was conducted on Sunday. At an Iwaki City mall, about 110 locals and students gathered to test ...