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Ebay May Accept Cryptocurrencies In The Future As The Platform Drops Paypal As Main Payment Option

Ebay May Accept Cryptocurrencies In The Future As The Platform Drops Paypal As Main Payment Option

By UseTheBitcoin in Cryptocurrency News Home The cryptocurrency community has always been asking for eBay to accept cryptocurrency payments. It is not the first time that rumours appear to be circulating in the web about this possibility. The reality is that the famous platform is dropping PayPal as the main payment option. eBay may integrate with a new payment system built by a Dutch company. This partnership would allow the e-commerce platform to accept different payment methods, including cryptocurrencies. It is clear that PayPal and eBay have had a close commercial relationship during the last years. But it seems that this partnership is coming to an end. It is important to mark that PayPal will not be removed from the platform as a payment option. It will just not be the default options for customers in the site. Some reasons that pushed eBay to take this decision are the strict regulation of accounts that PayPal has and the random security checks that prevent people from accessing funds fro up to 180 days. Furthermore, PayPal is a more expensive option than other platforms. eBay will see its revenue increased by around $2 billion dollars in the next years just reducing the processing charges. The famous e-commerce company is looking to integrate a payment system built by Adyen. Adyen is a Dutch company that provides access to many different payment methods. Cryptocurrencies are among the payment options. It is not clear whether eBay will enable the option to accept cryptocurrency payments or not, but it is an important approach to the cryptocurrency world. If eBay decides so, it may start accepting cryptocurrency payments as the technology becomes more mature. The e-commerce platform will start to test the different methods offered by the Dutch company in order t Continue reading >>

Ebay

Ebay "seriously Considering" Adding Bitcoin Payments | Newsbtc

Type Bitcoin into online marketplace giant eBays search bar, and youll discover an absolute plethora of bizarre items which loosely relate to the worlds hottest cryptocurrency. There are more eBook investment guides than you could read in a lifetime, pointless pieces of circular plastic with the assumed Bitcoin logo emblazoned upon them, mining contracts and components for rigs, hardware wallets, and there are even people who have listings for $10 worth of the currency curiously priced at around $1.50. Continue down the list and youll find some decidedly dubious products too. Take access to a rare wallet from 2013 which are supposedly still loaded with Bitcoin Cash and Bitcoin Gold, for example, or the top secret paper wallet that is guaranteed to keep your coins safe that is, until the noob who buys it sends their BTC over, and it promptly gets raided by the very person who sold it them (a clear double win for the vendor). Despite the amount of curious crypto crap on offer, one thing is noticeably absent from the website. That is, the ability to pay with Bitcoin. All that could change in the new year, however. According eBays senior vice president Scott Cutler, the online retail behemoth could have pondering adding the revolutionary payment method. Yahoo Finance report that the company are seriously considering it but are not quite there yet. The move would be a massive step towards wider adoption of cryptocurrency. However, other companies who integrated Bitcoin payments have struggled with volatility and slow transaction times. Just last week online games retailer Steam announced that they would no longer accept Bitcoin for purchases on their platform. For them, it was tough to run a business using the payment option because in the space of time between a customer s Continue reading >>

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 >>

Ebay Is Seriously Considering Bitcoin As Payment

Ebay Is Seriously Considering Bitcoin As Payment

Home eBay News eBay is seriously considering Bitcoin as payment eBay is seriously considering Bitcoin as payment By Dan Wilson December 14, 2017 - 8:30 am A senior eBay executive has said that they are considering accepting Bitcoin as a payment method. In recent weeks the value of the cryptocurrency has been very much in the news as it has soared at an extraordinary rate. Scott Cutler is the senior vice president of eBay Americas and is on the record saying cryptocurrencies could be part of their future: This is a trend that everybody is talking about, but sadly, at eBay, we dont currently accept bitcoin as a form of payment. Were seriously considering it as these cryptocurrencies become more of a mainstream payment instrument, but were not quite there yet. Bitcoin has increased in value significantly in the past month or so. So it is hardly surprising that eBay would want to take advantage and get involved with what does look like a bit of a gold rush. Many pundits have cautioned that this is a bubble that must inevitably burst but there are dissenting voices. Some investors and experts expect Bitcoin to continue to prosper with good returns expected for those who take a punt. Its worth remembering that both Newegg and Overstock have been accepting Bitcoin for quite some time. Amazon has previously been rumoured to have the idea under consideration but hasnt done it yet. Perhaps the most critical consideration is about how sellers would take payment if such a thing came to pass. It seems unlikely that a seller would be paid in Bitcoin (most will want tangible cash after all). So will eBay shoulder the risk? It seems likely that eBay would take the cryptocurrency, and potentially hold it and enjoy the potential gains, whilst sellers will get traditional currency as pay Continue reading >>

Ebay May Accept Bitcoin Via Third Party Payment Processor : Bitcoin

Ebay May Accept Bitcoin Via Third Party Payment Processor : Bitcoin

Do not use URL shortening services: always submit the real link. Begging/asking for bitcoins is absolutely not allowed, no matter how badly you need the bitcoins. Only requests for donations to large, recognized charities are allowed, and only if there is good reason to believe that the person accepting bitcoins on behalf of the charity is trustworthy. News articles that do not contain the word "Bitcoin" are usually off-topic. This subreddit is not about general financial news. Submissions that are mostly about some other cryptocurrency belong elsewhere. For example, /r/CryptoCurrency is a good place to discuss all cryptocurrencies. Promotion of client software which attempts to alter the Bitcoin protocol without overwhelming consensus is not permitted. Trades should usually not be advertised here. For example, submissions like "Buying 100 BTC" or "Selling my computer for bitcoins" do not belong here. /r/Bitcoin is primarily for news and discussion. Please avoid repetition /r/bitcoin is a subreddit devoted to new information and discussion about Bitcoin and its ecosystem. New merchants are welcome to announce their services for Bitcoin, but after those have been announced they are no longer news and should not be re-posted. Aside from new merchant announcements, those interested in advertising to our audience should consider Reddit's self-serve advertising system . Do not post your Bitcoin address unless someone explicitly asks you to. Be aware that Twitter, etc. is full of impersonation. Continue reading >>

100-companies-that-accept-bitcoins-as-payment-

100-companies-that-accept-bitcoins-as-payment-

Bitcoin Accepted Here signs begin to pop-up at businesses throughout the world! Many companies are now seeing Bitcoin, and other virtual currencies (or cryptocurrencies), as valid sources of payment for their products! Given the above information we have put together a list of 100+ companies, in alphabetical order, that currently accept Bitcoins as payment! 1-800-FLOWERS United States based online floral and gift retailer and distributor A Class Limousine - Pick you up and drop you off at Newark (N.J.) Airport Amazon An online company that sells almost anything. Apples App Store - Buy music and any app on the Apple AppStore with bitcoins BigFishGames Games for PC, Mac and Smartphones (iPhone, Android, Windows) Bing by Microsoft 2nd search engine to Google Bitcoin. Travel a travel site that provides accommodation, apartments, attractions, bars, and beauty salons around the world Bitcoincoffee Buy your favorite coffee online CEX The trade-in chain has a shop in Glasgow, Scotland that accepts bitcoin CheapAir Travel booking site for airline tickets, car rentals, hotels Crowdtilt- The fastest and easiest way to pool funds with family and friends curryupnow- A total of 12 restaurants on the list of restaurants accept bitcoins in San Francisco Bay Area Dell - American privately owned multinational computer technology company Dish Network - An American direct-broadcast satellite service provider Dream Lover Online relationship service Etsy Vendors Original art and Jewelry creations Euro Pacific A major precious metal dealer Expedia. com Online travel booking agency ExpressVPN High speed, ultra secure VPN network Fancy- Discover amazing stuff, collect the things you love, buy it all in one place Fight for the Future Leading organization finding for Internet freedom Grass Hill Continue reading >>

Bitcoin May Come To Ebay As Platform Drops Paypal As Main Payment Option

Bitcoin May Come To Ebay As Platform Drops Paypal As Main Payment Option

For as long as people can remember, there has been a tight relationship between eBay and PayPal. In virtually every case, PayPal is a requiredoption for anyone looking to sell items on the global auction site. That situation will come to change in the near future, as eBay has announcedits plan to ditch PayPal asits main payment option. It is a rather surprising turn of events, albeit one thatcould be quite positive for both companies. It is evident that limiting a global auction site to one main payment method and two or three optional solutions is a bit problematic. Especially in this era of digital payments and competing financial services, there is no reason for eBay to tie its fate to PayPal whatsoever. Even though theplatform has made a big impact outside of the online auction industry as well, its still something whichcouldhold eBay back in terms of its global appeal. The number of current payment options on eBay is somewhat limited. Sellers are almost forced to enable PayPal , even if they would preferto get paidvia a wire transfer or money order. This has always been a problem, asusers felt they never hada real say inthe matter. After many years of giving PayPal the benefit of the doubt, it seems both companies will finally go their separate ways. This news may even be a result of eBay spinning off PayPal as an independent brand a while ago. With this change looming on the horizon, there is a lot of speculation to contend with. Everyone wants to know if eBay will introduce another mandatory payment option. If so, there is no indication as to which solution that might be, as the company has not announced any candidates. We do know the company is looking to integrate a new payment system built by Adyen, a Dutch company which can provide access to many different p 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 >>

Ebay Seriously Considering Adding Bitcoin Payments

Ebay Seriously Considering Adding Bitcoin Payments

EBay Seriously Considering Adding Bitcoin Payments EBay, one of the worlds largest e-commerce platforms, is considering making the leap into cryptocurrency payments, according to a high-ranking company executive. EBay Seriously Considering Adding Bitcoin Payments Scott Cutler, senior vice president of eBay Americas, told Yahoo Finance that the e-commerce giant is holding serious discussions about becoming the highest-profile company to accept cryptocurrency payments. This is a trend that everybody is talking about, but sadly, at eBay, we dont currently accept bitcoin as a form of payment, Cutler said. Were seriously considering it as these cryptocurrencies become more of a mainstream payment instrument, but were not quite there yet. Cutler added that the website serves as a popular secondary market for cryptocurrency mining hardware, and third-party sellers have listed thousands of other cryptocurrency-related collectibles. Although it does not appear that eBay currently has any concrete plans to adopt cryptocurrency payments, the fact that the company is holding high-level discussions on the matter is the latest testament to how quickly bitcoin has permeated the mainstream. Last week, bitcoin brokerage app Coinbase briefly became the top app in the Apple Store , signaling that retail investors were onboarding into the bitcoin ecosystem at a breakneck pace a pace so rapid that Coinbase has suffered persistent outages due to record traffic. This week, the first bitcoin futures contracts launched on U.S. exchange CBOE , and CME the worlds largest derivatives exchange will begin trading bitcoin futures next week. Though primarily targeted at Wall Street, futures are expected to lead to the creation of the first Bitcoin ETF , a retail investor-friendly investment vehicle t Continue reading >>

Ebay Seriously Considers Adding A Bitcoin Payment Option

Ebay Seriously Considers Adding A Bitcoin Payment Option

Spendingthe worlds most popular cryptocurrency is still a big challenge. Although there are a few merchantsout there which accept BTC directly, none are particularly big, other than Overstock. It now seems eBaymay welcome Bitcointo its platform in the very near future, ifrecent reports are to be believed. Most people who have ever dealt with eBay know the company isnt too keen on alternative payment methods. More specifically,itwould prefer that people stick with PayPal despitethese companies being separate entities these days or use wire transfers. Even when Skrill (formerly known as Moneybookers) was added as an option, the platform still preferred users to accept PayPal as well. Avoiding potential scammers and fake listingshas always been a major concern for the company. Moreover, eBay doesnt havea great reputation when it comes to cryptocurrency listings either. That is only normal, as no one should sell cryptocurrency on auction sites in the first place. There is no recourse if a deal goes awry,and it would reflect badly on the companyif a buyer or seller were to file such a complaint. Rest assured such events have transpired on the platform over the past few years. It has always seemed as if eBay would rather stay as far away from Bitcoin as possible. That situation may come to change soon, according to an article on Yahoo Finance. It is possible to buy crypto mining equipment on the platform, or any merchandise related to cryptocurrency. However, onemust pay for such items in the usual way, which often involves PayPal . It seems the company isconsidering adding a Bitcoin payment option in the near future. There is no timeline forwhen thismight occur,and the company is still only seriously considering this option for the future. Integrating Bitcoin payments shoul Continue reading >>

Ebay Ponders Bitcoin Payments

Ebay Ponders Bitcoin Payments

Bitcoin memorabilia has already flooded the online shopping portals but very few of them actually accept the real thing. On eBay you can buy a Bitcoin collectable gift coin, hodl hoodies, and complete crypto currency mining rigs. You cannot pay for them with crypto yet though. In an interview with Yahoo Finance this week Scott Cutler, senior vice president of eBay Americas, said that the online retailer is seriously considering it as these cryptocurrencies become more of a mainstream payment instrument, but were not quite there yet. He acknowledged that eBay serves as a popular secondary market for crypto currency mining hardware, and third-party sellers have listed thousands of other crypto currency related items. Very few online retailers currently accept Bitcoin as a payment method but one that did is reaping the rewards. Overstock.com shares are up over than 250% in the last six months, as it rides on the bitcoin mania. It is a pioneer in the crypto currency industry by becoming the first major online retailer to accept Bitcoin payments in early 2014. Newegg is another retailer that sees value in alternative payment methods as it accepted Bitcoin in 2015. While there are no solid plans for eBay to accept Bitcoin the fact that high level discussions are taking place is a good sign. Retailers are clamoring to get a slice of the action and online payments are one of the biggest platforms to do so. However as yet none of the top players including eBay, Amazon or Alibaba have formally made moves to accept Bitcoin payments. An app for Coinbase briefly topped the list of Apples App Store last week highlighting the ever increasing demand for digital currencies in the online shopping arena. In fact demand has been so great that the Coinbase servers themselves have struggled Continue reading >>

Who Accepts Bitcoins?

Who Accepts Bitcoins?

Microsoft Users can buy content with Bitcoin on Xbox and Windows store Reddit You can buy premium features there with bitcoins Virgin Galactic Richard Branson company that includes Virgin Mobile and Virgin Airline CheapAir.com Travel booking site for airline tickets, car rentals, hotels Expedia.com Online travel booking agency Newegg.com Onlineelectronics retailer now uses bitpay to accept bitcoin as payment Wikipedia The Free Encyclopedia with 4 570 000+ article The Internet Archive web documatation company Bitcoin.Travel a travel site that providesaccommodation, apartments, attractions, bars, and beauty salons around the world Pembury Tavern A pub in London, England Old Fitzroy A pub inSydney, Australia Mega.co.nz The new venture started by the former owner ofMegaUpload Kim Dotcom Lumfile Free cloud base file server pay for premium services PizzaForCoins.com Dominos Pizza signed up pay for their pizza with bitcons Whole Foods Organic food store (by purchasing gift card fromGyft) Bitcoincoffee.com Buy your favorite coffee online Grass Hill Alpacas A local farm inHaydenville, MA Jeffersons Store A street wear clothing store in Bergenfield, N.J Helens Pizza Jersey City, N.J., you can get a slice of pizza for 0.00339 bitcoin by pointing your phone at a sign next to the cash register A Class Limousine Pick you up and drop you off at Newark (N.J.) Airport Seoclerks.com Get SEO work done on your site cheap Mint.com Mint pulls all your financial accounts into one place. Set a budget, track your goals and do more Fancy.com Discover amazing stuff, collect the things you love, buy it all in one place (Source: Fancy ) BigFishGames.com Games for PC, Mac and Smartphones (iPhone, Android, Windows) Suntimes.com Chicago based online newspaper San Jose Earthquakes San Jose California Continue reading >>

100+ Companies That Accept Bitcoins As Payment

100+ Companies That Accept Bitcoins As Payment

100+ Companies That Accept Bitcoins As Payment Are you sure you want to remove this section? Are you sure you want to remove this section? Bitcoin Accepted Here signs begin to pop-up at businesses throughout the world! Many companies are now seeing Bitcoin, and other virtual currencies (or cryptocurrencies), as valid sources of payment for their products! Given the above information we have put together a list of 100+ companies, in alphabetical order, that currently accept Bitcoins as payment! 1-800-FLOWERS United States based online floral and gift retailer and distributor A Class Limousine - Pick you up and drop you off at Newark (N.J.) Airport Amazon An online company that sells almost anything. Apples App Store - Buy music and any app on the Apple AppStore with bitcoins BigFishGames Games for PC, Mac and Smartphones (iPhone, Android, Windows) Bing by Microsoft 2nd search engine to Google Bitcoin. Travel a travel site that provides accommodation, apartments, attractions, bars, and beauty salons around the world Bitcoincoffee Buy your favorite coffee online CEX The trade-in chain has a shop in Glasgow, Scotland that accepts bitcoin CheapAir Travel booking site for airline tickets, car rentals, hotels Crowdtilt- The fastest and easiest way to pool funds with family and friends curryupnow- A total of 12 restaurants on the list of restaurants accept bitcoins in San Francisco Bay Area Dell - American privately owned multinational computer technology company Dish Network - An American direct-broadcast satellite service provider Dream Lover Online relationship service Etsy Vendors Original art and Jewelry creations Euro Pacific A major precious metal dealer Expedia. com Online travel booking agency ExpressVPN High speed, ultra secure VPN network Fancy- Discover amazing stu Continue reading >>

Ebay Looking At Bitcoin For Purchases

Ebay Looking At Bitcoin For Purchases

On eBay right now, you can buy a Complete Cryptocurrency GPU Mining Rig for $2,586, or a Just Hodl (a bitcoin inside joke) hoodie for $33.99, or a collectible bitcoin gift coin for 99 cents. There are hundreds of bitcoin-related items, but you cant pay in bitcoin. Yet. Scott Cutler, senior vice president of eBay Americas, told Yahoo Finance in an interview this week that the online retailer is seriously considering accepting bitcoin, but were not quite there yet. A collectible bitcoin gift coin on eBay. (Not a real bitcoin! Bitcoins are intangible.) Not many retailers accept cryptocurrency as payment, but for one that does accept bitcoin, its been a boost to shares. Overstock.com ( OSTK ) is up more than 250% in the last six months, as it rides the bitcoin phenomenon. The web retailer is a pioneer in the cryptocurrency space, as it became the first major retailer to accept bitcoin in early 2014 . Payments in bitcoin arent exactly becoming commonplace, but they are slowly becoming more common: even a New York City preschool is accepting bitcoin for tuition . At some point in November, mobile-payments company Square ( SQ ) quietly rolled out a new feature to a small number of users on its Square Cash app: the ability to buy and hold bitcoin . Square CEO Jack Dorsey (also CEO of Twitter) told Yahoo Finance in October, Theres nothing more impactful to our business than digital currency . As for eBay, it is currently focused on delivering a strong holiday season, as it tries to compete with Amazon. The retailer is working on expanding its offerings, shipping times, and return process. Jen Rogers is the anchor of The Final Round, Yahoo Finances daily 3:55pm live show. Follow @ jensaidit on Twitter or @jenrogershere on Instagram. Read more about bitcoin from Yahoo Finance: Continue reading >>

Senior Vp Says Ebay Seriously Considering Bitcoin Integration

Senior Vp Says Ebay Seriously Considering Bitcoin Integration

Senior VP Says eBay Seriously Considering Bitcoin Integration eBay, the $39 billion e-commerce platform, is seriously considering integrating Bitcoin into its platform as a payment method. eBay, the $39 billion e-commerce platform, is seriously considering integrating Bitcoin into its platform as a payment method. In an interview with Yahoo Finance , eBay Americas senior vice president Scott Cutler stated that eBay is seriously considering integrating Bitcoin. Throughout the past 12 months, the stock price of Overstock has increased by over 130 percent, triggered by the companys involvement in various Bitcoin and Blockchain technology ventures. Several major conglomerates such as Japans GMO have also experienced a rapid increase in their stock values subsequent to their integration of Bitcoin. It has become increasingly challenging for large-scale conglomerates and financial service providers to dismiss Bitcoin, because of its exponential increase in value and user base. Currently, the total market valuation of Bitcoin and other cryptocurrencies exceeds $500 billion . As such, major banks like Goldman Sachs have started taking steps toward embracing the digital currency also, with Goldman agreeing to clear Bitcoin futures on behalf of their clients. Cutler noted during the interview with Yahoo Finance were not quite there yet. Despite this, eBay is apparently demonstrating its optimism towards the digital currency. The company is also effectively showing the public that they are following the latest trends in finance. According to Bitcoin Fees , a transaction fee predictor on Earn.com, the fastest and cheapest transaction fee is currently 360 satoshis / byte or $13 per transaction. Granted, the transaction fee of Bitcoin depends on the size of the mempool. But, the siz Continue reading >>

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