Cryptoknowmics
2022-05-27 03:30:38

PayPal All Set to Embrace All Services In Crypto And Blockchain

Paypal is an online payments company that allows individuals and businesses to make money transfers electronically. The company has been in operation for years now and has over 200 million active users. In fact, the payment platform has been expanding its services to include more financial products and services, such as loans and credit products in recent years. Besides the payment platform has been one of the most popular payment processors globally for many years. And it looks like PayPal is ready to embrace the world of crypto and blockchain technology. In a recent blog post, the platform announced partnering with three major cryptocurrency companies like Bitpay, Coinbase, and GoCoin. In fact, this partnership will allow platform users to buy, sell, and store cryptocurrencies directly through their payment platform accounts. It could potentially make cryptocurrencies much more mainstream. Beyond that, it also shows that the platform is serious about getting involved in the cryptocurrency space. Why Paypal Is Into Crypto In recent years, the company has expanded its offerings to include peer-to-peer payments, mobile payments, and even in-store payments. Now, the platform is taking another big step forward by embracing cryptocurrency. This move could have a major impact on the adoption of digital currencies and make PayPal even more essential for online commerce. So why is PayPal into cryptocurrency? Here are a few reasons: 1...

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