Ebay considering Crypto payments

Online shopping giant eBay is considering adding cryptocurrencies as a new payment option, CEO Jamie Iannone said today.

On top of that, the company is looking into facilitating NFT sales on its platform.

eBay originally started considering accepting Bitcoin for payments back in 2013, but it ended up shelving the plan.

eBay was then rumored to get into crypto back in May 2019 based on an ad at a Consensus conference. However, the gossip was quickly shut down by the company’s spokesperson.

At this point though, it seems like crypto is just too big for the company to ignore, but the decision about whether or not it will enable the new payment method is not set in stone yet.

PayPal, eBay’s former subsidiary, started allowing its U.S. customers to hold and trade cryptocurrencies last year before enabling crypto merchant payments in late March.

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