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PayPal says it has started letting US customers use cryptocurrency holdings to pay millions of its online merchants globally

LONDON (Reuters) - PayPal Holdings Inc will announce later on Tuesday that it has started allowing U.S. consumers to use their cryptocurrency holdings to pay …

Reuters Anna Irrera

Discussion

  • @reutersbiz @reutersbiz on x
    Exclusive: Customers who hold #Bitcoin, Ethereum, Bitcoin Cash and Litecoin in PayPal digital wallets will now be able to convert their holdings into fiat currencies at checkouts to make purchases, the company said https://www.reuters.com/... via @annairrera
  • @reuters @reuters on x
    Exclusive: PayPal launches crypto checkout service, a move that could significantly boost use of digital assets in everyday commerce https://www.reuters.com/... by @annairrera
  • @davidgerard David Gerard on x
    PayPal lets you make payments with crypto! If it's crypto you already had in your PayPal crypto holdings, which you can't top up by depositing crypto from outside, only by buying crypto on PayPal with money https://twitter.com/...
  • @scottmelker @scottmelker on x
    “The service, which PayPal revealed it was working on late last year, will be available at all of its 29 million merchants in the coming months, the company said.” HUGE. https://www.reuters.com/...