PayPal to Accept Bitcoin in Coming Months

It has been the talk of the town for the past months – When will Ebay begin to accept Bitcoin payments? – Well it seems that we’re one step closer to that now, as Ebay’s PayPal payment service announced that they will be integrating Bitcoin payments into their services and accept Bitcoin payments from their merchants.


While the details are still sort of limited, it is without a doubt a huge deal for Bitcoin as a whole, as PayPal is the most used online payment service. It is expected that within a couple of months the system will be integrated and it will be rolled out to the merchants who wants to join the program.


The system will be in partnership with Coinbase, one of the world’s leading exchange sites for Bitcoins, with PayPal promising that the experience will be as good as it can get. While the Bitcoin enthusiasts were happy about the positive news, so were the shareholders of Ebay, as the shares rose 0.6%.

Daniel Allermand

Daniel Allermand is a freelance writer, with more than 4 years of experience in the industry as an operator, affiliate and poker player. Daniel has decided it was time to try and bring more coverage about the industry to the general public by writing articles about everything from poker to casino.  

Recent Posts

Professional investors skeptical about Bitcoin, a recent Bank of America survey says

Bank of America recently asked 200 professional investors with $533 billion in assets under management for their opinions on Bitcoin.…

1 day ago

AXA Switzerland now offers Bitcoin as a payment method

Insurance provider AXA Switzerland announced that its Switzerland customers will now be able to pay their bills in Bitcoin (BTC).…

1 day ago

DOGE “to the moon” as Robinhood faces more scrutiny

After yet another phenomenal rally surging 114% in the last 24 hours, Dogecoin (DOGE) hit an all-time high of $0.29.…

1 day ago

“Bitcoin’s peak volatility is right on track to drop below fiat volatility”

There will come a time that Bitcoin will be less volatile than fiat money as money is being redefined. And…

2 days ago

GoldMan Sachs watching Bitcoin’s every move

Goldman Sachs is keeping a close eye on Bitcoin. In an earnings call on Tuesday, the bank’s Chief Executive Officer,…

3 days ago

Coinbase’s COIN is Live on Nasdaq, while Bitcoin and Ethereum jumped to new all-time highs

After months of intense build-up towards their big day, Coinbase finally listed on the Nasdaq with ticker COIN. And the…

3 days ago