eBay, ebay accepts bitcoin, ebay accepts cryptocurrencies, ebay bitcoin, ebay crypto, ebay cryptocurrency, ecommerce, means of payment, payment option, Paypal, paypal bitcoin, paypal crypto

Ebay is looking at cryptocurrency as a payment option for its 187 million buyers on the platform, the company’s CEO has revealed. The e-commerce giant is also exploring opportunities in the non-fungible token (NFT) business.

Ebay Looking Into Adding Cryptocurrency as Payment Option

Ebay CEO Jamie Iannone said in a CNBC interview on Monday that the company is looking at accepting cryptocurrency as a payment option.

He was asked about how Ebay is responding to the rise in popularity and adoption of bitcoin and other cryptocurrencies. The CEO replied:

He added: “One of the great things about Ebay is that when there is a new trend, it just shows up on Ebay. That’s what we are seeing in areas like NFTs [non-fungible tokens], which we are looking at how we can explore that better.†He also noted that Ebay has “187 million buyers on the platform,†which was reported in the company’s Q1 earnings release.

Iannone was also specifically asked, “Does that mean you are getting into the NFT business?†He replied:

Paypal was Ebay’s subsidiary until 2015 when the company spun off the payments giant to its shareholders. Paypal launched its crypto service last year and enabled crypto payments at millions of stores in March. Recently enable Venmo app users to buy, sell, and hold select cryptocurrencies.

What do you think about Ebay accepting bitcoin? Let us know in the comments section below.

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Du lịch nhật bản, hướng dẫn du lịch Nhật và đánh giá địa điểm Nhật Bản Japan travel news, japan travel guides, japan holiday destinations and japan reviews

RELATED NEWS

Amazon Job Listing Seeks Blockchain Lead – Internet Giant Looks to Create ‘Business Use Cases Across Defi’

Amazon is looking for a blockchain expert, according to a job posting published on the company’s employment portal. The firm wants someone who is “passionate about blockchain and decentralized networks†and someone who can build innovative “business use cases†across decentralized finance (defi). Online Marketplace Amazon Hopes to Hire a Head of Product to Lead […]

Xem chi tiết: Amazon Job Listing Seeks Blockchain Lead – Internet Giant Looks to Create ‘Business Use Cases Across Defi’

Russian Lawmakers Move to Allow Crypto Payments Under Contracts

Members of the State Duma are now working on amendments that will permit the use of cryptocurrency as a contractual means of payment. Digital financial assets are regarded as property under Russian law and the changes will legalize crypto payments between parties to a contract. State Duma to Amend Civil Code to Legalize Contractual Crypto […]

Xem chi tiết: Russian Lawmakers Move to Allow Crypto Payments Under Contracts

Paypal to Allow Cryptocurrency Withdrawals to Third-Party Wallets

Payments giant Paypal will soon allow its users to transfer cryptocurrencies away from its platform to third-party wallets, the company’s head of cryptocurrency reportedly revealed. Paypal has been seeing tremendous growth in its crypto business. Paypal to Support Crypto Transfers to Third-Party Wallets Jose Fernandez da Ponte, Paypal’s head of cryptocurrency, said during the Consensus […]

Xem chi tiết: Paypal to Allow Cryptocurrency Withdrawals to Third-Party Wallets

Russian Lawmakers Move to Allow Crypto Payments Under Contracts

Members of the State Duma are now working on amendments that will permit the use of cryptocurrency as a contractual means of payment. Digital financial assets are regarded as property under Russian law and the changes will legalize crypto payments between parties to a contract. State Duma to Amend Civil Code to Legalize Contractual Crypto […]

Xem chi tiết: Russian Lawmakers Move to Allow Crypto Payments Under Contracts

E-Commerce Giant Ebay Now Allows NFT Sales Citing ‘Massive Wave of Attention’

Ebay, which has 187 million buyers on its platform, is now allowing the sale of non-fungible tokens (NFTs), the company has announced. Ebay says: “This is only the beginning. This initial rollout will help us learn more about what’s important to our community.†Ebay Updates Policies to Allow Sale of NFTs Ebay Inc. announced Tuesday […]

Xem chi tiết: E-Commerce Giant Ebay Now Allows NFT Sales Citing ‘Massive Wave of Attention’

El Corte Ingles Files for a Crypto-Related Trademark to Provide ‘Financial Services’

El Corte Inglés, the biggest department store group in Spain, seems to be entering into the cryptocurrency sphere. After filing for a related trademark with the Intellectual Property Office of the European Union, they have registered “Bitcorâ€. Trademark Is a ‘Preventive Registration’ According to filing request #018434202, the Spanish group store seeks to offer “Finance […]

Xem chi tiết: El Corte Ingles Files for a Crypto-Related Trademark to Provide ‘Financial Services’

Paypal Crypto Shows ‘Really Great Results’ Amid Strongest Quarter Ever, CEO Says

The CEO of Paypal has revealed that the company’s cryptocurrency business is showing “really great results.†The first quarter was Paypal’s best quarter ever overall and the strongest year in the history of the company, the CEO emphasized. Paypal Sees ‘Really Great Results’ in Its Crypto Efforts Payments giant Paypal reported its first-quarter earnings Wednesday. […]

Xem chi tiết: Paypal Crypto Shows ‘Really Great Results’ Amid Strongest Quarter Ever, CEO Says

Paypal Crypto Shows ‘Really Great Results’ Amid Strongest Quarter Ever, CEO Says

The CEO of Paypal has revealed that the company’s cryptocurrency business is showing “really great results.†The first quarter was Paypal’s best quarter ever overall and the strongest year in the history of the company, the CEO emphasized. Paypal Sees ‘Really Great Results’ in Its Crypto Efforts Payments giant Paypal reported its first-quarter earnings Wednesday. […]

Xem chi tiết: Paypal Crypto Shows ‘Really Great Results’ Amid Strongest Quarter Ever, CEO Says

E-Commerce Giant Mercadolibre Buys Bitcoins Worth $7.8 Million for Treasury

Customers From Latin American E-Commerce Giant Mercado Libre Can Buy Real Estate With Bitcoin

Paypal CEO Says Demand for Cryptocurrencies Is ‘Multiple-Fold’ of Initial Expectations

Paypal’s Venmo Launches Crypto Trading for 70 Million Users to Buy and Sell Cryptocurrencies

Paypal Cofounder Peter Thiel Thinks China Is Using Bitcoin as Financial Weapon Against the US

Paypal Enables Cryptocurrency Payments at Millions of Stores With ‘Checkout With Crypto’ Launch

Paypal Enables Cryptocurrency Payments at Millions of Stores With ‘Checkout With Crypto’ Launch

Paypal Acquiring Crypto Security Firm Curv to Expand Digital Asset Initiatives

Other Articles