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Published 18 days ago

PayPal Updates Policy to Exclude NFT Purchases from Buyer Protection

Summary by Cryptopolitan
From May 20th on, PayPal will end its buyer protection plan for NFTs just proving that it has internalized the level of maturity of the NFT market and the blockchain industry. This will equally affect NFT sales that are highly priced starting with those worth over $10,000 and hence they become susceptible to false claims and chargebacks. This reduces the risks related to the NFTs volatility and reflects PayPal’s extended adjusting of its terms a…

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PayPal Updates Policy to Exclude NFT Purchases from Buyer Protection

From May 20th on, PayPal will end its buyer protection plan for NFTs just proving that it has internalized the level of maturity of the NFT market and the blockchain industry. This will equally affect NFT sales that are highly priced starting with those worth over $10,000 and hence they become susceptible to false claims and chargebacks. This reduces the risks related to the NFTs volatility and reflects PayPal’s extended adjusting of its terms a…

18 days ago
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