eBay president John Donahoe: PayPal may accept bitcoin in the future

eBay president John Donahoe: PayPal may accept bitcoin in the future

The president of eBay has revealed that his company is preparing to expand the range of digital currencies it accepts. In an interview with the Financial Times, John Donahoe even went as far to say that PayPal could, one day, incorporate bitcoin. He said digital currency is going to be a "very powerful thing", but said the ecommerce group is first going to focus on incorporating reward points from retailer loyalty schemes into its PayPal wallet. Donahoe said using PayPal as a digital wallet will make it a lot easier for consumers to keep track of their reward points. When asked....


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eBay Building Digital Wallet That Stores 'Multiple Types' of Currency

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eBay CEO John Donahoe: PayPal "Building a Digital Wallet That Can Take Multiple Types of Currency"

In a conversation on Bloomberg program "Street Smart" surrounding activist investor Carl Icahn's proposal to make PayPal it's own company, eBay (who owns PayPal) CEO John Donahoe released an interesting tidbit of information surrounding digital payments, and their future at PayPal. "There's nothing that's holding PayPal back from pursuing digital payments today," said Donahoe in response to a question asked by the program's co-host, Matt Miller. "In fact, PayPal is pursuing digital payments and is the leading digital payments alternative in many different environments." "For now, right?....

Quotes

We want to give our fans as many options to buy our new album as possible, and are happy that Bitcoin can be one of those choices.

Mastodon, US metal band on Warner Bros. Records