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Does Paypal Accept Bitcoin 2017

Paypal Merchants Can Now Accept Bitcoin

Paypal Merchants Can Now Accept Bitcoin

by Ecommerce News . About Payments with tags Europe . 13,595 views. eBay and PayPal have confirmed their plans to allow merchants to accept bitcoin payments through third-party processor Braintree. In September last year, PayPal already announced it would accept Bitcoin via integration with Braintree, but now its official. In a long SEC filling it talks about accepting the crypto currency. In the SEC filling , it says: A merchant can typically open a standard PayPal account and begin accepting payments through PayPal within a few minutes. Most online or mobile merchants can onboard quickly and are not required to invest in new or specialized hardware. Our Payments Platform supports growth with a variety of value-added services designed to help businesses of all sizes manage their cash flow, invoice clients, pay bills, and reduce the need for merchants to receive and store sensitive customer financial information. For our standard service, we do not charge merchants setup or recurring fees. A merchant can also integrate with Braintree to begin accepting payments with credit or debit cards, PayPal, Venmo, digital currencies such as Bitcoin, or other payment solutions with a single integration. Thats the only time the word bitcoin is mentioned in this filling. But the message is clear. As said before, its no surprise PayPal is finally accepting bitcoin. Half a year ago, the payments company was already hinting at bitcoin acceptance in a video and soon after that Braintree, a daughter company of PayPal, announced it would bring bitcoin to Briantree developers, enabling their customers to pay with the alternative currency across their favorite apps. Also, in September last year, PayPal partnered with three major bitcoin payment processors BitPay, Coinbase and GoCoin to allo Continue reading >>

Lists Of Merchants Accepting Bitcoin And Altcoins

Lists Of Merchants Accepting Bitcoin And Altcoins

Even as the buzz about cryptocurrencies increases, its use in the consumer markets is increasing. For instance, there is a huge number of merchants today who not only accept Bitcoin but also several other cryptocurrencies thanks to the numerous cryptocurrency gateways today and exchanges. Payments with cryptocurrencies are considered quick and instant, more secure, potential for complete anonymity for those who wish, and possibility of eliminating risk of identity theft. The greatest hindrance to accepting cryptocurrencies as a payment method is probably volatility of cryptocurrencies but there is no doubt that barrier will be solved in the near future. Here are examples of companies and merchants accepting Bitcoins and altcoins as payment methods. If you own Bitcoins, there is an endless list of companies that accept the cryptocurrencies in a range of services including fashion shopping, purchasing a variety of retail commodities, buying software, booking for travel and accommodation, website VPN services, buying website content, paying for SEO work, virtual servers, paying for web hosting, eat outs, mobile gaming, software, buying gifts, dating sites, buying domains, Others accepting Bitcoin as payment methods range from domain name registries, shopping sites, gift websites, travel sites to newspapers. Overstock.com is an example of a e-retail shop and one of the first consumer-facing companies to start accepting Bitcoin and has done so since January 2014 in partnership with Coinbase. Customers can use Bitcoins to pay for thousands of items including home products, furniture, clothing, electronics, baby items, decor, accessories and many more. The site also allows people to sell products to others. Microsoft accepts Bitcoin since 2014, allowing customers to purchase Continue reading >>

5 Brand-name Businesses That Currently Accept Bitcoin

5 Brand-name Businesses That Currently Accept Bitcoin

5 Brand-Name Businesses That Currently Accept Bitcoin There's a really good chance you're a customer of at least one of these companies. Have you heard about the next big thing in investing? No, it's not legal marijuana, albeit pot stocks have been nothing short of unstoppable over the past year. It's actually digital currency bitcoin, which has risen by nearly 900% over the trailing-two-year period. What once cost a consumer or investor around $255 per bitcoin will now set you back around $2,500. Why have digital cryptocurrencies like bitcoin been such a hot commodity of late? It appears to be a confluence of catalysts that have accelerated momentum behind bitcoin, Ethereum, and other digital currencies. Why bitcoin has risen nearly 900% in two years Bitcoin and other cryptocurrencies are relishing in newfound media coverage. Between the sheer outperformance of these digital currencies compared to the broader stock market, to recent ransomware attacks (e.g., WannaCry) where the perpetrators demand payment in bitcoin in order to "unlock" a computer, bitcoin is in the spotlight. The more media coverage it receives, the more interest there will likely be in this burgeoning payment and investment platform. Weakness in the world's most prominent currency, the U.S. dollar, may be helping as well. President Trump has, on numerous occasions, proclaimed the U.S. dollar to be too strong. A weaker dollar can help promote the export of American goods, but U.S. consumers aren't typically huge fans of seeing their currency weakened. Some investors have used the dollar's weakness as an opportunity to invest in bitcoin, which is a "finite" resource since the maximum number of bitcoin is limited to 21 million. The fact that the dollar's monetary base can be expanded infinitely and bit Continue reading >>

Breaking: Paypal Merchants Can Now Accept Bitcoin

Breaking: Paypal Merchants Can Now Accept Bitcoin

BREAKING: PayPal Merchants Can Now Accept Bitcoin Join our community of 10 000 traders on Hacked.com for just $39 per month. In a long SEC filing from today, PayPalstates that its merchants can now begin accepting Bitcoin. As the original text to the filing reads: A merchant can typically open a standard PayPal account and begin accepting payments through PayPal within a few minutes. Most online or mobile merchants can onboard quickly and are not required to invest in new or specialized hardware. Our Payments Platform supports growth with a variety of value-added services designed to help businesses of all sizes manage their cash flow, invoice clients, pay bills, and reduce the need for merchants to receive and store sensitive customer financial information. For our standard service, we do not charge merchants setup or recurring fees. A merchant can also integrate with Braintree to begin accepting payments with credit or debit cards, PayPal, Venmo, digital currencies such as Bitcoin, or other payment solutions with a single integration. In September 2014, PayPal announced it would accept Bitcoin via integration with Braintree, and the same month announced partnerships with Coinbase, BitPay and GoCoin. Via the PayPal Payments Hub merchants could use customizable APIs to integrate Bitcoin into their shops for digital goods. At the time, it released a video hinting at Bitcoin integration. eBay CEO John Donahoe said in 2014 that Bitcoin would play an important role in eBays plans before the two companies agreed to a split due to a changing digital payments landscape. PayPal is playing the role of the intermediary, but the cost will be left up to the merchant and the payment processor, said Scott Ellison, PayPals senior director of competitive intelligence and corporate str Continue reading >>

The Major Services And Retailers That Accept Bitcoin

The Major Services And Retailers That Accept Bitcoin

The Major Services And Retailers That Accept Bitcoin Got bitcoin burning a hole in your pocket? Many companies are beginning to see cryptocurrencies as a valid payment option for the wares they sell. Still, Morgan Stanley recently published a report detailing that only 0.6 percent of the top 500 online retailers accept bitcoin (down from 1 percent in 2016). With this in mind, Benzinga compiled a short list (not exhaustive) of major retailers that accept the most commonly traded cryptocurrency, bitcoin. Overstock.com, Inc (NASDAQ: OSTK ): The first large online retailer to accept bitcoins has also been one of its most staunch supporters. In a July interview with Business Insider, Overstock executive Jonathan Johnson called it crazy that more retailers dont accept bitcoin. Tuesday morning, the company announced it is now accepting all major "alt-coins," including Ethereum, as payment. Expedia, Inc (NASDAQ: EXPE ): Since mid-2014, travelers have been granted the option of booking their hotel destination through Expedia with bitcoin. Paypal Holdings (NASDAQ: PYPL ) and eBay Inc(NASDAQ: EBAY ): Even before PayPal was spun off from eBay, plans for the payment processor and the famous e-commerce marketplace to begin accepting crypto currency were already announced . Through integration with daughter company Braintree, merchants can accept bitcoin payments. Shopify Inc (US) (NYSE: SHOP ): An early adopter, this online platform lets merchants set up their own online shops and choose to accept bitcoin attempts with the help of BitPay, a global bitcoin payment service provider. Etsy Inc (NASDAQ: ETSY ), a Shopify peer, operates similarly. DISH Network Corp (NASDAQ: DISH ): One of the biggest companies to date to accept bitcoin, DISH partnered with digital asset exchange Coinbase, Continue reading >>

The Best Bitcoin Exchanges Of 2017 - Buy Bitcoin With Paypal, Credit Card Or Debit Card!

The Best Bitcoin Exchanges Of 2017 - Buy Bitcoin With Paypal, Credit Card Or Debit Card!

in bitcoin-exchange 3 years ago (edited) Bitcoin exchanges can be classified into three main categories: Bitcoin exchanges that specializes in trading Bitcoin against fiat currencies with some limited support for other cryptocurrencies. These exchanges tend to have low trading fees and high trading volume, specially for pairs of Bitcoin against fiat currencies. Cryptocurrency exchanges that specializes in trading cryptocurrencies against Bitcoin or fiat currencies. These exchanges tend to support a huge number of cryptocurrencies, they offer low trading fees and high trading volume, specially in pairs that involve Bitcoin against another Cryptocurrency, Bitcoin exchanges that provide a service for Buying or Selling Bitcoin With a convenient payment methods like Paypal, Credit Card, Debit Card, etc. These exchanges provide a service for people who want to buy Bitcoin easily and instantly. So if you are looking for a way to buy Bitcoin with Paypal, or Buy Bitcoin with Credit Card, or Buy Bitcoin with Debit Card, this type of exchanges is for you. What Are The Best Bitcoin Exchanges You Can Use In 2017 ? The word "Best" is considered to be a subjective word in most cases, and sure it is in the case of Bitcoin exchanges. Everyone has different criteria that should be met by the bitcoin exchange for him/her to even consider using it. (Note that most of Bitcoin exchanges in this list can be used as a cryptocurrency exchange too.) In a perfect world, all exchanges should offer relatively the same price for you to buy or sell Bitcoin, but in the real world, each exchange has its order-book with Bids (Price offered by people who want to buy Bitcoin) and Asks (Price offered by people who want to sell Bitcoin). This means that Bitcoin exchange rate may differ from one exchange to Continue reading >>

Does Ebay Accept Bitcoin? The Complete Guide To Bitcoin And Ecommerce

Does Ebay Accept Bitcoin? The Complete Guide To Bitcoin And Ecommerce

It seems like Bitcoin is everywhere these days, the virtual currency that didnt exist just few years ago is threatening to change the way we buy and sell online, in this post Im going to explain everything we as online sellers need to know about bitcoin, blockchain and cryptocurrencies. Bitcoin and Cryptocurrency - A short history Bitcoin which is a non government backed open source currency officially came into circulation in 2009. Mining is the process through which new bitcoins are generated, in 2010 the first bitcoin transaction took place 10,000 Bitcoin ($100 million in todays terms) were traded for two pizzas. In 2011 rival cryptocurrencies emerged offering improvements on speed of transaction and privacy these included Namecoin and Litecoin and there are currently over 1,000 such currencies out there. In 2013 Bitcoin prices plummeted from $1,000 to $300 and it takes two years for the currency to reach the $1,000 mark again In 2014 the real advantage or disadvantage (depending on which way you are looking at it) really hit home when the worlds largest Bitcoin exchange Mt. Gox went offline and stole 850,000 Bitcoin which then were valued at $450 million and today are worth $4.4 billion investigators have yet to find the perpetrator In 2016 the Ethereum platform using the Ether currency threatened to steal the spotlight from Bitcoin and ICOs (Initial Coin Offerings) were introduced the SEC warned against investing in theses offerings and the Chinese government outright banned them. In 2017 the market cap of cryptocoins rose from $11 billion to $300 billion as bitcoin soared above the long anticipated $10,000 mark. Banks such as Barclays, Citi Bank as well as Deutsche Bank have announce that they are searching for ways to cooperate Bitcoin and e-commerce - early ado Continue reading >>

Pay With Cryptocurrency Using Coinbase's New Paypal Competitor | Fortune

Pay With Cryptocurrency Using Coinbase's New Paypal Competitor | Fortune

The largest U.S.-based cryptocurrency exchange, Coinbase, is releasing a PayPal-like service of its own. On Wednesday, Coinbase wrote about its new platform that will make it easier for merchants to accept payments with Bitcoin, Bitcoin Cash, Ethereum, and Litecoin through Coinbase Commerce. Using the platform on an e-commerce website adds a PayPal-like button to the checkout screen. Coinbase Commerce can be directly integrated into a merchants checkout flow or added as a payment option on an e-commerce platform, the blog post continued . Shopify, which allows users to launch their own online stores, is already giving its users the option to accept payments via Coinbase Commerce . Some cryptocurrency aficionados immediately took to the platform. Just made our 1st sale using #CoinbaseCommerce and it was paid with $LTC ! #Litecoin #PayWithLitecoin pic.twitter.com/qoGTnL3Klf Crypto Whale Clothing (@ClothingWhale) February 15, 2018 Still, dont expect a mass surge of merchants gearing up to accept cryptocurrency. Questions about whether or not the platform addresses issues that have barred many other merchants and consumers from accepting cryptocurrency still exist. The volatile price of Bitcoin, for instance, has made it difficult to nail down a price on payments. Gaming platform Steam cited that as an issue when it stopped accepting cryptocurrency. Coinbase is not the only company with such a platform. Bitpay, which is used by Microsoft , also makes a cryptocurrency payments programthough notably, it only accepts Bitcoin. Coinbases announcement comes at a time when the firm itself is having issues with payments. Several major banks no longer allow consumers to buy Bitcoin using credit cards. More recently, users reported issues withdrawing from their wallets using PayPal, Continue reading >>

Ebay Is Gradually Replacing Paypal Will It Accept Bitcoin?

Ebay Is Gradually Replacing Paypal Will It Accept Bitcoin?

The cryptocurrency and blockchain phenomena exploded particularly in 2017, when dozens of blockchain pilots launched in various countries and different industries, and when hundreds of new tokens came out after successful initial coin offerings (ICOs). Even if most of the crypto watchers would agree to differentiate the cryptocurrency and blockchain as two distinguishable manifestations, the latter ones have moved in tandem for years, and now they seem to revolutionize the way we pay, store value, invest, exchange, interact, and start businesses. Some traditional companies, which have had a strong foundation for years and even decades, couldnt ignore the emerging technology of blockchain and the crypto hype. Some examples are Microsoft, Overstock, Shopify, CheapAir, and Tesla among others. It seems that the cryptocurrency might be the future of money, and some big players dont want to miss the transition to the future. They feel that early adopters can benefit a lot, and its not only about corporate profits its about accommodating with the future trend, working on the corporate image, and understand the client needs. Does eBay want to become an early adopter of Bitcoin? There are many examples of crypto adoptions, but many readers are interested to know whether eBay will add cryptocurrencies like Bitcoin as a payment option on their platform. The online auction giant has recently announced that it would give up PayPal as a default payment option, as it has been for years. As one could expect, users and investors started to speculate whether this was a gradual move towards the acceptance of cryptocurrencies. Instead of PayPal, eBay will collaborate with Adyen, a leading global payments processor, to use its payments solutions as the primary option. PayPal will still be Continue reading >>

The Paypal Moment: When Bitcoin Met Mainstream Payments

The Paypal Moment: When Bitcoin Met Mainstream Payments

The PayPal Moment: When Bitcoin Met Mainstream Payments May 12, 2017 at 12:00 UTC|UpdatedMay 31, 2017 at 13:16 UTC Steve Beauregard is serial entrepreneur, co-founder of cryptocurrencypayment processing startupGoCoin and chief revenue officer at Bloq . In this entry in CoinDesk's " Bitcoin Milestones " series, Beauregard looks back on the day PayPal began accepting bitcoin - givingits stamp of approval to atechnology many believed had the potential todisrupt it. It's a Monday in Bitropolis, but not just any Monday. For nearly three months, the GoCoin team had kept painfully silent on the biggest bitcoin news story in the industry to date. In 12 short hours, the press embargo would lift, thenews would jolt the financial world and GoCoin would be cemented in history alongside BitPay and Coinbase as the startups that ushered one of the world's largest payment companies into cryptocurrencies. Yet, on the eve of that very announcement, our inclusion was far from certain. When I founded GoCoin along with Brock Pierce in mid-2013, we discussed that we may be too late. BitPay had been offering payment services to online merchants for well over a year, touting they had signed up 10,000 merchants. Coinbase announced they had signed up the first major retailer, Overstock, to accept bitcoin . GoCoin had raised a modest seed round and was "heads down" in development while BitPay and Coinbase continued to one up each other with increasingly impressive announcements - Gyft, CheapAir, Virgin Galactic and Dell. It felt like every day GoCoin wasn't live would mark another major merchant lost to BitPay or Coinbase. In response, I was putting intense pressure on the development team to compress the Go Live schedule. My system architect, Margot Ritcher, and lead developer, my nephew Kevin Continue reading >>

#1 Way To Buy Bitcoin With Paypal Instantly (2017 Guide)

#1 Way To Buy Bitcoin With Paypal Instantly (2017 Guide)

Buying bitcoins with PayPal is hard and confusing. Luckily, today we'll show you how easy and fast it can be. We've put together the complete guide on how to convert PayPal to bitcoin. VirWoX is the easiest and most popular way to buy bitcoins with PayPal. VirWoX is the workaround/hack discussed in this guide. It's not super simple, but yes it really works and is the best way to buy bitcoin with PayPal today. We suggest using the exchanges listed below or doing research before buying from any exchange. Many exchanges are simply trying to steal your passwords and personal information! We do research on every exchange we list and are very careful not to include scam exchanges on our site. Note: You may need to wait a couple days after opening a VirWoX account before you can deposit money. After your first deposit, future deposits can be made instantly. Your initial buying limit is $90 per day or $270 per month, although these limits grow quickly with time! You'll need a Bitcoin wallet to withdraw your coins to after you buy. Read our guide on the best Bitcoin wallets. The 10% fees are crazy high for buying bitcoins with PayPal. Were you buying with a PayPal account connected to your credit or debit card? The fees are much lower and you'll get your bitcoins faster. Still want to buy BTC with PayPal? Keep reading and we'll show you how! Tutorial: Buying Bitcoin with PayPal on VirWoX Here are step-by-step instructions to help make buying BTC with PayPal easier: From the home page, click on Not registered yet? Now youll enter your details in order to create an account. Dont get confused by the section titled Link to avatar. You can leave this untouched. At this point, your account has been created. A temporary password will be emailed to the address you provided in step two. Continue reading >>

Paypal Accept Bitcoin

Paypal Accept Bitcoin

1) Do you think about this news will happen ? 2) Do you think paypal may accept bitcoin in next years (3-7) or it is impossible ? 3) Do you think bitcoin will be better than paypal ? when will happen ? Automated Bitcoin Fork Extraction Tool WE DO TOUGH WALLETS: BCH | BTG | BCD | SBTC | UBTC | B2X | BCX | BTF Electrum 2FA, Trezor, Ledger, SegWit, Bech32 Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here. PayPal doesn't directly accept Bitcoin, but Braintree, a division of PayPal has partnered with Coinbase to accept Bitcoin. Currently, Bitcoin network processes around 7 transactions per second, while PayPal with an average of 200 tps. In terms of scalability and daily transactions volume, Bitcoin is much far behind PayPal. But apart from being a good store of value, Bitcoin could also be a better decentralized version of PayPal by building second layer payment systems on top of Bitcoin, Lightning Network. So in future, Bitcoin might be better than PayPal, but again it depends on how users will treat Bitcoin, as a store of value or medium of exchange and the extent of merchant adoption. Undoubtedly, bitcoin is already better than paypal by its highest demand and even better than other world assets like gold. People no more like to bear feableness of paypal. Paypal either have to embrace bitcoin as one of their payment method or they must get off sooner. In just a few years, people will have an option to pay via bitcoin their local shops and the bitcoin will be fully dominating over all payment methods including paypal 1) Do you think about this news will happen ? 2) Do you think paypal may accept bitcoin in next years (3-7) or it is impossible ? 3) Do you think bitcoin will be better Continue reading >>

8 Surprising Places Where You Can Pay With Bitcoin

8 Surprising Places Where You Can Pay With Bitcoin

8 surprising places where you can pay with bitcoin Richard Branson, CEO of Virgin Galactic, which accepts bitcoin as a form of payment In a 1999 interview, Professor Milton Friedman, an American economist who received the 1976 Nobel Memorial Prize in Economic Sciences for his research on consumption analysis, monetary history and theory, and the complexity of stabilization policy. He had this to say: "I think the internet is going to be one of the major forces for reducing the role of government. The one thing thats missing but that will soon be developed is a reliable e-cash." In November 2008, a paper was posted to a cryptography mailing list titled "Bitcoin: A Peer-to-Peer Electronic Cash System."In this time the value of the first Bitcoin transactions were negotiated by individuals on the bitcointalk forums with one notable transaction of 10,000 BTC used to indirectly purchase two pizzas. In 2011, based on Bitcoins open source code, other cryptocurrencies started to emerge. By 2017, a single bitcoin's worth reached more than $4000 This is greatly attributed to the fact that more people are getting educated on how Bitcoin works. The convenience of receiving payments within seconds, with minimal transaction fees means a lot to a business. More online stores are opening up to accepting Bitcoin as a form of payment from their customers. "Not only is Bitcoin exciting, its also going to play an important role in the future of PayPal." - John Donahoe, CEO of eBay There are many other small e-commerce stores that accept cryptocurrency for purchases. Some industries even have custom cryptocurrencies, which serve like means of payment between parties. The use of cryptocurrency is on the rise as it has many benefits, such as security, speed, minimal transaction fees, easy to Continue reading >>

Paypal To Accept Bitcoin Through Subsidiary Braintree

Paypal To Accept Bitcoin Through Subsidiary Braintree

Paypal to accept bitcoin through subsidiary Braintree Websites using Paypal can start taking bitcoin, prompting speculation the cryptocurrency will surge Last modified on Tue 21 Feb 2017 13.30EST Paypal will take bitcoin through its Braintree subsidiary.Photograph: Alamy Paypal will start accepting bitcoin payments through its subsidiary, Braintree, the company has announced. The firm is partnering with bitcoin payment platform Coinbase, one of the largest bitcoin companies, which already handles payments for clients including Overstock and Reddit . This is PayPal making a move to embrace bitcoin, Bill Ready, Braintrees CEO, told the Techcrunch Disrupt conference in San Francisco . The integration of bitcoin means companies that already use Braintree to run their payments will be able to accept bitcoin in the coming months without changing their configuration, a move that could boost adoption of the cryptocurrency. Braintree already handles transactions by companies including Uber, AirBnB and Dropbox. We had a lot of developers tell us theyd love to add bitcoin, Coinbases CEO, Brian Armstrong, told Techcrunch. But Braintree would handle all of their payments and they didnt want to add another SDK . They would say that if Braintree added it, they would add it. Merchants wanting to accept bitcoin payments will still need to set up a Coinbase wallet but they will have the option to instantly convert every bitcoin payment back into fiat currency. Braintrees support for bitcoin follows the announcement of bitcoin adoption by a competitor, Stripe, back in March . Stripes bitcoin facility operates already, albeit in a closed beta, and the company handles payments itself, rather than partnering with a third-party. Bitcoin fits in nicely with Stripes product plan, Collison told Continue reading >>

Can Bitcoin Disrupt The Payment Processing Industry?

Can Bitcoin Disrupt The Payment Processing Industry?

Can Bitcoin Disrupt The Payment Processing Industry? {{article.article.images.featured.caption}} Opinions expressed by Forbes Contributors are their own. The author is a Forbes contributor. The opinions expressed are those of the writer. This story appears in the {{article.article.magazine.pretty_date}} issue of {{article.article.magazine.pubName}}. Subscribe Answer by Peter Berg , Payments, investing, startups & entrepreneurship, on Quora : Is Bitcoin an existential threat to Stripe, PayPals existing business model? Almost certainly not. Maybe in the very long term, if Bitcoin were to get near ubiquitous adoption and people regularly used it to transact, instead of preferring fiat (government issued) currencies, then bitcoinmightbecome disruptive to existing payment providers. But even in that case, merchants would still need to be technically savvy enough to accept bitcoinwithout any help (e.g. the processing services that Stripe and PayPal provide today). A merchant would need to create and manage their own bitcoinwallet to receive funds. And once received, the merchant would then need to be able to use bitcoin to pay for their inventory/labor costs in bitcoin, or would have to handle the conversion to fiat currency (e.g. USD) themselves to be able to pay for things where bitcoinis not accepted. Far more likely is that Stripe, PayPal and others will continue to provide payment processing services for bitcoinin the same way they provide services for processing other forms of fiat-based payment (e.g. credit cards). And until/unless bitcoinbecomes so popular that everyone uses it in place of fiat (note: that will probably never happen), someone will still need to help merchants settle transactions in the merchants primary currency (e.g. USD, EUR). Most merchants who ac Continue reading >>

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