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 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 payment network on the internet. Appearing in a CNBC interview, Donahoe said: "I think there's no doubt digital currency is going to play an important role going forward, and at PayPal, we're going to have to integrate digital currencies into our wallet." Interesting remarks indeed, and the community....
eBay CEO John Donahoe was recently asked about a number of different topics, and wouldn't you know, bitcoin just happened to be one of them. eCommerce Bytes reports that Carl Davis, Jr. of the Silicon Valley Black Chamber of Commerce recently asked Donahoe what he thought of bitcoin with regard to global trade. Donahoe reportedly said in response that he thought the digital currency was both an exciting and emerging technology. "We think Bitcoin will play a very important role in the future. Exactly how that plays out, and how we can best take advantage of it and enable it with PayPal,....
eBay CEO John Donahoe told shareholders at the annual meeting in San Jose, California, yesterday that the company is "actively considering" integrating bitcoin with PayPal. When asked by a shareholder about bitcoin's potential role in global trade, Donahoe responded by saying that the digital currency "will play a very important role in the future", eCommerce Bytes reports. While Donahoe said he couldn't envision exactly how bitcoin could become a more mainstream technology, he suggested that eBay is considering direct involvement with the digital currency, saying: "Exactly how that plays....
John Donahoe, eBay's CEO, has confirmed that the company is building a digital wallet for PayPal that can take multiple types of currency. Speaking to Bloomberg, Donahoe dismissed calls made by activist and investor Carl Icahn, who recently called for PayPal to be spun off into an independent company. Donahoe disagreed, believing PayPal and eBay should stay just the way they are. No spin, no spin-off. "Mobile is the most important platform shift that has happened arguably in the last decade. When mobile first started no-one would have downloaded a PayPal mobile app," he said. However,....
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?....