- Mar 21, 2013
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Paypal just sent this to 361 million users
- Thread starter bartosimpsonio
- Start date
AdsMEN
Junior Member
- Mar 22, 2021
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no, i from norway
- Apr 30, 2018
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Locking this thread temporarily until BHW backend team update the available reactions to include a love heart
Fang Yu
Elite Member
- Apr 24, 2018
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Locking this thread temporarily until BHW backend team update the available reactions to include a love heart
Will it really be crypto though or just “borrowed” from PayPal?
I can’t see then allowing people to send btc to an external wallet, and then get hit with chargebacks.
Or if they do allow that, would they pull a cb from the merchants bank?
I mean if not lol you could literally buy anything with btc and they’d go from the most hated to the most loved overnight.
If they are allowing full crypto use from PayPal then it will be for a lot of merchants
I can’t see then allowing people to send btc to an external wallet, and then get hit with chargebacks.
Or if they do allow that, would they pull a cb from the merchants bank?
I mean if not lol you could literally buy anything with btc and they’d go from the most hated to the most loved overnight.
If they are allowing full crypto use from PayPal then it will be for a lot of merchants
No, Square and PayPal are just in bed with it. It doesnt make any business sense for any other financial institution to invest in something that volatile. It means nothing now. Maybe in 2 years we can talk more about it...
I don’t see how that’s so?
Being able to make purchases with crypto via PayPal opens up merchants who previously did not accept PayPal due to fraud, to accept PayPal now.
It would also mean you don’t need a PayPal account for PayPal customers to pay you(if they allow transfer to external wallet like cashapp does)
That’s huge.
As far as volatility goes, sure but so far it’s been extreme growth. They also make fees such as cashapp taking 2%, that’s almost all profit for them. A traditional credit processor makes less than 1% per transaction.
It has plenty of upside now. They wouldn’t “be in bed” without an upside. Being in bed with it means there is upside to them, no?
It also makes
Tons of sense for merchants to be able to accept it easily from all their PayPal customers. No chargeback fraud. That’s huge. Real time deposits as well. Cross border without exchange rates. No need for a merchant account.
All they’d need is a free wallet and an exchange to cash out.
everydayimhustling
Power Member
- Oct 20, 2011
- 656
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I didn't get that - and I can't find the option to buy any.
That’s what I’m thinking, that they control the wallets still and so it’s not true crypto.
- Apr 25, 2011
- 19,849
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Are they maybe doing a staggered rollout?
WoyThe2nd
Banned - Inappropriate behavior
- Feb 21, 2021
- 281
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Or maybe they are going to exit scam by taking crypto from cryptonoobs and then just close Paypal forever.
A major MtGox on the making
IG Professor
BANNED
- Feb 22, 2017
- 4,855
- 4,567
Why need PP when we can buy cryptos from Binance
makes no sense
makes no sense