PayPal, Visa, and MasterCard Are Exploring Cryptocurrencies as their Adoption Grows
Mar 31, 2021 at 12:33
Payment giants including PayPal, Visa and MasterCard are more than determined at driving mainstream adoption of blockchain technology and digital currencies to the next level. It's as if these companies are competing to see who will offer the best alternative as far as making payments and transactions using cryptocurrencies is concerned.
PayPal Screws Up Its Cryptocurrency Service, Causing a Price Plunge
Nov 29, 2020 at 10:39
Recently, the payment merchant PayPal entered the cryptocurrency industry by having launched a buy and sell services. This event caused a drastic bull run of most major cryptocurrencies. However, soon enough the service faced serious problems with one of the users, causing most coins to collapse.
PayPal Did Not Confirm any Plans on Cryptocurrency, Though Its Interest Is Obvious
Jul 16, 2020 at 06:52
After PayPal’s letter to the EU Commission was revealed, many news outlets started speculating that the company confirmed their plans on cryptocurrency implementation. However, the letter has no details on any cryptocurrency-related activity except for research, which only proves the company’s interest in cryptocurrency.
Why Visa, Mastercard and Paypal won't work with Facebook Libra?
Oct 16, 2019 at 13:17
The Facebook Libra cryptocurrency project is constantly losing the backing of mainstream giants. The latest businesses to quit cooperation with this digital currency include Visa, Mastercard, eBay and Stripe following suit after Paypal announcement to quit cooperation as regulators move on with scrutinizing Libra.
Bitcoin Exceeds PayPal in Annual Transaction Vol at $1.3T
Mar 01, 2019 at 14:12
Bitcoin, the leading cryptocurrency on the market, has outshined the online payment processing bull PayPal in the total number of yearly transactions. From the data given by Global Statistics portal, Bitcoin (BTC) had $1.3 trillion worth of transaction volume last year and PayPal had $578.65 billion.
PayPal Launches a Blockchain-Based Reward Program for Employees
Dec 11, 2018 at 12:11
Significant world online payments system PayPal has rolled out a distributed ledger technology (DLT)-based reward system for all of its workers. Michael Todasco, a PayPal director, was cited elaborating on the platform launch in a report published by Cheddar, the financial news channel, on December 6, 2018. Everything is kept on a blockchain tech ledger, and the program is now live.