PayPal allows businesses to accept 100 cryptocurrencies on their platform. This includes Bitcoin, Ethereum and Solana on the network, and Payments Services Provider announced on Monday.
Paying with Crypto will allow users to convert Crypto to Stablecoin or other Fiat currencies, the company said. It supports many wallet transactions, including Coinbase, Kraken, Metamask.
“Companies of all sizes face incredible pressure when growing globally, from increasing costs to complex integration to accept international payments. Today, we are helping to remove these barriers and support businesses of all sizes.” Alex ChrisPayPal’s president and CEO said in a statement.
This service is because PayPal is expanding its cryptographic service services.
This is a developing story.
