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PayPal (PYPL) News: Bitcoin (ETH), Ether (ETH), Other Cryptos Soon Added to P2P Payments
- On Monday, PayPal unveiled PayPal Links in the U.S., a new peer-to-peer payment method allowing cryptocurrency transfers.
- The launch follows PayPal's broader modernization plan, including a $300 million infrastructure upgrade and expansion of crypto payments.
- PayPal Links enables users to create one-time, private links to send or request money via text or email, supporting Bitcoin, Ethereum, and PYUSD transfers instantly.
- Diego Scotti, General Manager of PayPal's Consumer Group, explained that payments are now integrated seamlessly into everyday digital communications like texts, messages, and emails.
- The feature excludes personal payments from IRS 1099-K reporting and is planned to be introduced soon in the UK, Italy, and additional markets.
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PayPal Pushes Peer-to-Peer Simplicity, Bringing Bitcoin and Stablecoins to Daily Users
PayPal has launched a new tool in the United States called “PayPal Links,” and soon, users in the UK and Italy will get access too. PayPal now lets users send money or request payments by simply sharing a custom link in any chat or message. The feature removes the hassle of sharing bank details. Anyone […]
·Brazil
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TechCrunch+2 Reposted by 2 other sources
PayPal adds new one-to-one payment links that will soon support crypto
The new PayPal Links allow customers to either request or make a payment to another person by selecting the link option, inputting the amount, and then copying the link into a conversation.
·United States
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PayPal (PYPL) News: Bitcoin (ETH), Ether (ETH), Other Cryptos Soon Added to P2P Payments
The firm said users in the U.S. will soon be able to send bitcoin (BTC), Ethereum's ether (ETH) and PYUSD stablecoin directly across accounts as part of its crypto payment push.
·Manila, Philippines
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Coverage Details
Total News Sources35
Leaning Left2Leaning Right2Center5Last UpdatedBias Distribution56% Center
Bias Distribution
- 56% of the sources are Center
56% Center
L 22%
C 56%
R 22%
Factuality
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