Friday, June 18

PayPal launches cryptocurrency payment service in the USA

USA-based online payment system PayPal, which works on the internet, announced to its users in the USA that they can use cryptocurrencies as a means of payment.

With the application of the company called “Checkout with Crypto”, it enables payment by converting crypto currency into the currency used such as dollars at the payment stage.

The company statement stated that if the user has enough cryptocurrency balance to cover the eligible purchase, it will appear automatically and the transaction will be completed.

Paying attention to the acceleration of digital payments and the use of digital currencies, PayPal CEO Dan Schulman emphasized that they continue to focus on the general adoption of cryptocurrencies and in this context, Checkout with Crypto will offer PayPal customers the option and flexibility to pay using the PayPal wallet.

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