PayPal Allows Bitcoin Transactions


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
More stories by
Pinaki Bhattacharya: Desirable Candidate for Cabinet Membership in Bangladesh's Interim Government

Photo:YoutubeAs Bangladesh approaches a critical juncture in its political history, the formation of an interim government is being considered to ov...

Hazrat Shahjalal International Airport should be renamed as Dhaka Airport

The debate around renaming Hazrat Shahjalal International Airport to "Dhaka Airport" often stems from a few key reasons:International Recognition: "Dhaka" is a globally recognized name, and using it in the airport's name could make it easier for inte

The reason why Muhammad Yunus should be in Bangladesh's New Parliament

As Bangladesh stands on the cusp of a new era, it is imperative to consider leaders who have demonstrated unparalleled commitment to the nation's development, economic empowerment, and social justice. One such luminary is Muhammad Yunus, the Nobel Pe

The United Nations Must Act Immediately to Protect Bangladeshi Civilians

In recent years, Bangladesh has faced escalating political turmoil and violence, largely attributed to the alleged authoritarian regime of Prime Minister Sheikh Hasina Wazed. Numerous reports have surfaced detailing human rights abuses, including ext

Amnesty calls for immediate withdrawal of shooting orders, full accountability on the internet in Bangladesh

Deprose Muchena, Amnesty International's senior director, called on the government to immediately withdraw the shoot-on-sight order, restore full internet across the country and end the use of a special force and paramilitary forces against protester

Follow Business Habit on Facebook, Twitter