Search: PayPal

Why Should I use Bitcoin Vs Paypal?

Paypal or Bitcoin? Or Both? The diaspora of arguments touting Bitcoin's superiority over Paypal is endless. There are economic incentives for buyers and sellers, large and small, to use Bitcoin vs Paypal. Simultaneously, there are still infrastructure gaps that may prevent the efficient use of....

PayPal Valued at $52 Billion For Market Return

After more than a decade of being part of eBay Inc. , PayPal will return to the stock market as an individual company. Shares of PayPal (PYPL.O) jumped up 11% in value as people anticipate the company’s return to NASDAQ. With that rise, and adjusting for market stabilization, PayPal is now....

Paypal's Future Use Of Bitcoin Is Closer Than You Think

Earlier today, David Marcus (The current President of Paypal) tweeted: To clarify: we have no policies against using PayPal to sell Bitcoin mining rigs. We don't support any currency txn whether fiat or BTC... ...for a host of regulatory issues. But we treat BTC and any FX txn the same way.....

PayPal vs. Bitcoin: Which is Better?

There's no denying that, when it comes to online payments, PayPal is still king these days. However, bitcoin offers several advantages over this online payment method that could eventually allow the cryptocurrency to establish dominance. Is it really possible? Perhaps one big thing going for....

PayPal Celebrates 15 Years: Plans for "Beaming to Bitcoin"

Yesterday marked the 15 years since the first PayPal transaction on record, October 16, 1999. Before the days of the iPhone, back when we used Palm Pilots, Paypal was known as Confinity. According to Hill Ferguson, the SVP and chief product officer at Paypal, their first business model was a....

PayPal Survey Asks Questions Regarding Bitcoin

In a recent PayPal survey regarding online shopping and payment methods, PayPal asked Reddit user SwiftBoatVet whether or not they used Bitcoin as a method of payment for goods and services. That's when Vet startedtaking screenshots of the questions that PayPal began asking once they said yes.....

Bitcoin Fascinating, Thinking about Integration says PayPal President

David Marcus, PayPal President stated that the company was thinking a lot about bitcoin. David Marcus, president of EBay Inc.'s PayPal unit, talks about mobile payment security and the prospects for virtual currency bitcoin. He speaks to Guy Johnson on Bloomberg Television's show called "The....

PayPal Partners with BitPay, Coinbase, and GoCoin

Once seen as a direct competitor, PayPal has warmed up quite a lot to Bitcoin. Last year, PayPal's president David Marcus stated that his company was "thinking about" bitcoin. Then, just recently, PayPal announced bitcoin integration through one of its smaller projects - Braintree. And today,....

PayPal Supporting Litecoin and Dogecoin, GoCoin CEO Confirms

Yesterday, finance giant PayPal announced partnerships with Coinbase, BitPay and GoCoin to dip their feet in the water with cryptocurrency. Bitcoin price surged upward upon hearing the news, going from being worth around $400 to being worth $450 in a matter of minutes. Now, the CEO of GoCoin....

Bitcoin to Paypal Exchange Against Terms of Acceptable Use Policy

Since September, an increasing number of bitcoin startups and exchange have begun offering bitcoin-to-paypal payment processing services, allowing users to send bitcoin to international paypal accounts with substantially low transaction and conversion fees. Exchanges such as Bitwala, leading....

Paypal Shuts Down in Greece - Bitcoin Still Operates

As if everything to do with money is not bad enough, Greeks no longer have access to their PayPal accounts, reports Quartz. Capital controls imposed by the Greek government mean that Greek citizens can only withdraw 60 euros (effectively 50 euros after ATMs have run out of 20 euro notes) and....

PayPal and Bitcoin: Behind the scenes

Let me begin by nailing my colors firmly to the mast. I like PayPal. I know that this puts me in conflict with a lot of Bitcoin users, but there you go. Looking at PayPal and Bitcoin, both have certain advantages, and it would be difficult, if not foolish, to ignore their relative strengths.....

PayPal Limits Voat's Account, Site Now Accepts Donations Only In Bitcoin

Voat™, a media aggregator like Reddit, wants to be the place on the Internet where you can "have your say™". But that might not be possible if PayPal has its way. PayPal informed Voat administrators that their account had been "limited," and their funds frozen. The site, entirely funded by user....

PayPal Steals Apple's Thunder: "We Can Spend Bitcoin With a Tap!"

In a surprise video posted to the official PayPal Youtube media channel, Paypal Voices presented what, at first, is a confusing video. Early on in the video, you'll hear phrases that you might not have ever expected to hear from PayPal in this century. Phrases such as "We can spend Bitcoin with....

eBay and PayPal Confirm Upcoming Separation, Support for Bitcoin Payments

In September 2014, eBay announced plans to separate eBay and PayPal. In a recent SEC filing, eBay confirmed that a newly formed corporation named PayPal Holdings, Inc. ("PayPal") will take over the businesses that make up eBay's payments segment. eBay, the existing publicly traded corporation,....

PayPal President says PayPal believes in Bitcoin

This is really interesting. The PayPal president Marcus David has gone out in public telling us that they have no policies against using PayPal to buy and sell mining rigs AND that he and PayPal actually believes in Bitcoin. If this is good news or not for the current Bitcoin price is unsure. It....

Bitcoin Price Rises Thanks to PayPal Bitcoin Announcement

Bitcoin has rebounded from its recent low largely thanks to a PayPal Bitcoin announcement made earlier today. The PayPal Bitcoin announcement highlighted PayPal going a step further towards accepting Bitcoin by partnering with BitPay, Coinbase, and GoCoin in order to allow PayPal's digital goods....

PayPal Might be Working on its Own Virtual Currency

PayPal isn't exactly a huge fan of Bitcoin. Understandably so, since Bitcoin poses a threat to the entire company. PayPal specialises in online payments, but people can just skip the PayPal middleman with Bitcoin transactions. Simply selling mining equipment on eBay, PayPal's parent company, can....

Bitwala Now Lets Users Send Bitcoin to Paypal Accounts

Bitwala's newest feature allows users to send Bitcoin to any PayPal account, anywhere in the world. Crypto-to-SEPA payments service platform Bitwala is now offering its users the means to send Bitcoin to any PayPal account with the simple requisite of a PayPal email address. The company charges....

Bitcoin Isn't The Only Cryptocurrency Getting Love From PayPal

The big news Tuesday was that PayPal would allow North American (for now) merchants to sell their digital goods for bitcoin through the PayPal Payments Hub, but there seems to be a little bit more to the news. Something that's sure to make altcoin lovers excited. Before I get to that, I should....

eBay CEO John Donahoe: PayPal Will Have to Integrate Digital Currencies

eBay CEO John Donahoe by now isn't a stranger to making comments about digital currencies. He's gone on the record before to speak about the possibilities of digital currency integration into PayPal, and he's done so yet again. PayPal, of course, is a subsidiary of eBay, and remains a top....

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....

PayPal Here Chip Card Reader Takes Swipe at Bitcoin?

Online payments giant PayPal recently launched a new product called PayPal Here Chip Card Reader which allows merchants to accept various forms of digital payment such as Apple Pay, Android Pay, and EMV-enabled cards. It is available for US retailers, in-store merchants, and customers. The....

PayPal 'thinking about' accepting bitcoins

The president of PayPal says he's intrigued by bitcoin and is thinking about adding the digital currency as a funding instrument for the popular online payments processor. "I've been spending a lot of time looking at it (bitcoin), and it's truly fascinating the way the currency has been designed....

PayPal President Considers Bitcoin

After reaching $20 Billion in mobile transactions, PayPal President appeared on Bloomberg TV's "The Pulse," with Guy Johnson to discuss mobile security and share his thoughts on the Bitcoin currency. This morning, PayPal President, David Marcus, expressed his fascination with Bitcoin and opened....

PayPal Founder Peter Thiel Comments on State of Bitcoin

The idea of creating a new currency outside of national systems is not new or original. There have been electronic cash attempts that have dated back to the 1980's in the U. S., and PayPal was created to be a new online currency. The timing was perfect, as regulations were light for online....


Quotes

The Bitcoin protocol has immense intrinsic value as a self-regulating frictionless payment network affordable to almost anyone. Here is a technology that allows anyone to send any amount of money to anyone else in the world at virtually no cost with nothing more than an Internet connection or smart phone. Bitcoin, like the Internet, is one of those innovations that can break down barriers; information barriers in the case of the Internet, and financial barriers with Bitcoin.

Dan Roseman, Financial Professional