PayPal launches crypto service in UK

PayPal launches crypto service in UK

Starting this week, PayPal Holdings is offering its UK customers to pay for goods and services directly in cryptocurrency.

Previously, the cryptocurrency payment service was only available to US residents.

The British PayPal service supports Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH) and litecoin (LTC), and plans to expand its listing. Crypto transactions are possible through PayPal wallet from 1 dollar or euro. The limit is limited to 15 thousand pounds per week and 35 thousand per year. 

Over the next months, the company promises to launch a new crypto wallet with expanded functionality.

Subscribe to ForkNews in Telegram to keep up to date with the news from the world of cryptocurrency

You May Also Like

4372021-02-11

Mastercard will begin supporting cryptocurrencies

The American company Mastercard announced that this year it will add support for several digital currencies.

Payment Systems
3882018-11-07

Could Ripple become a SWIFT partner?

On Tuesday, the market capitalization of the XRP currency, which is linked to the Ripple payment network, temporarily surpassed the capitalization of Ethereum. Part of the reason for this was the popular rumor that the next SWIFT network update will be integrated with Ripple. A SWIFT spokesperson denied the rumors on Tuesday.

Ripple, Payment Systems

Latest articles from Payment Systems category