COINBASE and P@YPAL Partner up.....this would be great if bitcoin prices weren't in freefall :smoking:
P@ypal is slowly dipping its toes in the bitcoin waters.
The company has partnered with Coinbase, a virtual currency wallet and exchange, so Coinbase users can sell bitcoin and cash out to their P@ypal accounts. Buying bitcoin isn’t possible yet, but the small integration is a noteworthy first step.
http://qz.com/713528/******-is-warming-up-to-bitcoin/
http://cointelegraph.com/news/*****...yout-agreement-millions-of-customers-affected
https://blog.coinbase.com/2016/06/22/coinbase-adds-support-for-******-and-credit-cards/
Coinbase is adding P@ypal support. The web wallet and payment processor will allow customers to sell Bitcoin and have it deposited into their P@ypal account. They also announced their intentions to add P@ypal buying support soon. The program is only available for US users and is limited as is technically in a “beta” phase.
As mentioned, the service is only for selling bitcoin, so that particular method of fraud won’t be a concern for Coinbase. That said, with P@ypal buying support potentially coming soon, it may be a small challenge in the future.
As is typical in the technology world, the feature is being rolled out to customers slowly. If you don’t see the option yet, it will appear eventually. Coinbase is also adding support for credit cards, although Coinbase’s competitor Circle has offered that payment option for a while now.
P@ypal is slowly dipping its toes in the bitcoin waters.
The company has partnered with Coinbase, a virtual currency wallet and exchange, so Coinbase users can sell bitcoin and cash out to their P@ypal accounts. Buying bitcoin isn’t possible yet, but the small integration is a noteworthy first step.
http://qz.com/713528/******-is-warming-up-to-bitcoin/
http://cointelegraph.com/news/*****...yout-agreement-millions-of-customers-affected
https://blog.coinbase.com/2016/06/22/coinbase-adds-support-for-******-and-credit-cards/
Coinbase is adding P@ypal support. The web wallet and payment processor will allow customers to sell Bitcoin and have it deposited into their P@ypal account. They also announced their intentions to add P@ypal buying support soon. The program is only available for US users and is limited as is technically in a “beta” phase.
As mentioned, the service is only for selling bitcoin, so that particular method of fraud won’t be a concern for Coinbase. That said, with P@ypal buying support potentially coming soon, it may be a small challenge in the future.
As is typical in the technology world, the feature is being rolled out to customers slowly. If you don’t see the option yet, it will appear eventually. Coinbase is also adding support for credit cards, although Coinbase’s competitor Circle has offered that payment option for a while now.
