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https://www.mbtn.net/?p=rrjylcee17n PayPal today announced partnerships with three leading Bitcoin payment processors: BitPay, Coinbase and GoCoin. The eBay-owned company wants to help digital goods merchants accept Bitcoin payments, although it is starting with those located in the US and Canada first (“We are considering expanding to other markets,” a PayPal spokesperson told TNW. “Stay tuned.”)

source site PayPal says it chose to integrate the third-party functionality directly in the PayPal Payments Hub because the aformentioned trio already offers its customers protections when dealing with the virtual currency. The company envisions anything that can be obtained digitally, such as video games and music, being sold in Bitcoin.

https://lpgventures.com/s98vph5krf https://onlineconferenceformusictherapy.com/2025/02/22/obka0xbbk This is important to emphasize, because PayPal isn’t adding Bitcoin as a currency to its own digital wallet. It also won’t be processing Bitcoing payments on its secure payments platform: everything is being handled by one of the three third-parties.

https://guelph-real-estate.ca/drexw7et Merchants who pre-sell products, meaning asking for money up-front for a product or service that will be delivered in the future, will also not be supported. This is, according to PayPal, to safeguard customers from businesses that can’t give refunds if they fold before the product is shipped and after buyer protection expires.

go site In other words, the company is starting to accept Bitcoin, but very slowly and very cautiously. PayPal Senior Director of Corporate Strategy Scott Ellison explains.