Paypal accept bitcoin | Bitcointalksearch.org

wandino

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Quote from: hugeblack on November 11, 2017, 02:59:47 AM

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 ?
4) which better for now PP or BTC ?

As of today, paypal does not accept any kind of cryptocurrency. But there has been news of paypal working on it.

Gotumoot

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Quote from: hugeblack on November 11, 2017, 02:59:47 AM

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 ?
4) which better for now PP or BTC ?

Well this news can positively happen at the future I guess sooner or later , but as of now I'm not aware on this issue so I find some source or a link and this is what I got feel free to look at and feel free to quote. And if this will happen well basically it would be huge success on both industry.

Link: https://www.coindesk.com/bitcoin-milestones-paypal-moment-bitcoin-mainstream-payments/

richkellj

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Quote from: bitcoinfrings on February 01, 2018, 02:24:54 AM

Well I believe soon PayPal and other payments gateways will definitely accept btc

Eehm… it’s like we are all confused here. First, PayPal is a payment processor which can be used to make payment in online stores and various other places, including offline. PayPal is not an exchanger site or forex site, so why on Earth should we be expecting them to start accepting Bitcoin; I mean for what reason? Cos this is making no sense at all.

jossiel

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Quote from: bitcoinfrings on February 01, 2018, 02:24:54 AM

Well I believe soon PayPal and other payments gateways will definitely accept btc

This can happen as there are companies that are already considering bitcoin as a payment method and it can be a big competition with PayPal.

Just like what others are saying that if you can't beat them join them. I know that PayPal's management understand that bitcoin is going to be a big threat into their business in the future.

Where everyone actually like cryptocurrencies and are all fully depending on it.

Cryptoipad

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Yes accept cash payments for bitcoin online process.theie are accept to the business related to bank account details in acceping to bitcoin.the paypal can offer the option to pay with bitcoin the bitcoin users won't be able to integrate wallets with their paypal account.this also bitcoin payment to good through the online investment.the payple of wallet to currency for online transaction you can virtual world exchange or your credit card to exchange paypal to bitcoin.

bitcoinfrings

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Well I believe soon PayPal and other payments gateways will definitely accept btc

Anwar22

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Quote from: rajsimran on November 11, 2017, 05:05:43 AM

Quote from: hugeblack on November 11, 2017, 02:59:47 AM

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 ?
4) which better for now PP or BTC ?

i can answer your no 2&3 questions.PAYPAL never accept bitcoin for sure.And I think bitcoin will be better than paypal. but need huge time and huge comunnity supports.But Don't know when it will happen

I agree with you that PayPal never accept bitcoin because it's a different coin and bitcoin better than PayPal to me although actually i don't know much about PayPal.

South Park

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Quote from: GregH37 on January 04, 2018, 10:16:47 AM

Quote from: annango on December 17, 2017, 11:21:40 AM

Quote from: MotulDiesel on November 21, 2017, 11:14:04 AM

In general, bitcoin has no advantage to face to paypal in many side as popularity, trust or conveniences. If paypal accepts bitcoin as a real money and allows user exchage bitcoin through paypal, it will very easy for all people who have difficulties in exchanging because so many countries ban bitcoin as a illegal money. Therefore, i hope in near future (2-3 next years) paypal will accept bitcoin so we can use bitcoin easier.

Absolutely I agree with you. If paypal accept bitcoin, i think it wil create a big benefits for many countries. As you know, although bitcoin is much more popular, some countries ban or don’t accept this digital currencies like China, there are many people invest BTC, but the government have just not accepted it. So I also hope in the next few years, paypal will accept BTC to every of us get an easy way to exchange.

All the people users of PayPal will benefited from this step of bitcoin. I really appreciate this and by this way many other money exchange service provider companies will also follow PayPal and will start accepting bitcoin. Payments will be easier for them and also for the companies who wants to pay you in bitcoin. It means all the circle of payments and receiving will feel ease and comfort in this way.

No, you are only seeing that from our perspective, paypal needs to deal with the US tax authorities and they are the most powerful of all the tax authorities, if they accepted bitcoin they will have to implement harsher KYC policies, and they will close your account for any transgression also the amount of bitcoin users is not that big so the costs will outweigh the benefits.

pitiflin

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Quote from: hugeblack on November 11, 2017, 02:59:47 AM

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 ?
4) which better for now PP or BTC ?

1. Totally possible. Lots of people are requesting PayPal to do so.
2. It's not impossible but you never know what PayPal has got in mind.
3. Bitcoin is better than PayPal. Though they are on entirely different backgrounds and users. Bitcoin is a currency, whereas PayPal is a medium of exchange.
4. Depends on where you want to use it.
I know a lot of people would have said the same things already but I wanted to have my say in it. Tongue

ezajavo

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it's hard to know what will going on,it's could be happen by see the development of bitcoin and paypal now but takes a long time ,i think the both have great the potential and interest to work together in the future,hopefully so

ASHLIUSZ

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Both might look like providing the same service, but they are completely operational in different platform. Maybe soon or later bitcoin and PayPal will function in a collaborative manner when the growth becomes promising, more marketplace as well more adoption from common users add value to cryptocurrency.

Findingnemo

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Quote from: BTCtrader9 on January 27, 2018, 06:11:03 AM

Definitely, to stay the leading payment processor, if BTC gains enough popularity, they will have to accept it to keep running.

They might also make the extra transaction fees which means extra profits so there's nothing to lose so why not?
Only thing stopping them right now is the instability and the complications of buying and selling, once it becomes mainstream, these problems would disappear and it would be a lot more easier.

There is no transaction connection between PayPal and bitcoin till now if it is possible the people easy to transact their bitcoin easily I think soon it is will be possible and it also make some good improvement in crypto currencies .

BTCtrader9

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Definitely, to stay the leading payment processor, if BTC gains enough popularity, they will have to accept it to keep running.

They might also make the extra transaction fees which means extra profits so there's nothing to lose so why not?
Only thing stopping them right now is the instability and the complications of buying and selling, once it becomes mainstream, these problems would disappear and it would be a lot more easier.

TheKeyLongThumbI

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I think Paypal will just create their own tokens just like what Kodak did. It would favor their business more compared than doing it with bitcoins. Bitcoins is still a headache for fees and transaction time so I still don't see any possibilities.

Captain_Planet

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It wont going to happen, Paypal wont going to accept bitcoins, its also against Paypal's terms.

tekin_ural

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1) Do you think about this news will happen ? No, this is not going to happen.
2) Do you think paypal may accept bitcoin in next years (3-7) or it is impossible ? No, it's impossible.
3) Do you think bitcoin will be better than paypal ? when will happen ? There is a huge difference. BTC is a cyrptocurrency and payment method while PP is a sole payment provider that enables you to use bank account/credit card with one click simplification. I.e. closing of PP doesn't mean anything while the collapse of BTC will hurt everyone here so badly. BTC is a revolution while PP is only a way for spending funds from your bank account/credit card.
4) which better for now PP or BTC ? For ordering Pizza or booking your flight, generally for all non-virtual goods, you can use PayPal. For irreversible payments for your virtual goods or for any kind of arrangements around the globe BTC offers you a unique solution.

KwizatzHaderach

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Paypal would have to change for it to compete. Utrust will compete with it and maybe upend the payments industry if successful.

RonJohannson

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PayPal makes money from the spread it earns. In other words, it charges merchants 3% to accept it as a form of payment, and if that Paypal account is funded with ACH, then it only costs PayPal about .25% to fund that transaction, so the spread to PayPal ois 2.75%

If a credit card is used to fund that transaction, it costs PayPal about 2.2%, so the spreaad to PayPal is just 0.8%.

I'm not sure how much it would cost PayPal to use BTC as the funding mechanism, but if you figured that out, then you'd have the answer.

PayPal is fundamentally a spread business and the cheaper the funding, the bigger the profit it will make on anygiven transaction.

bitcoinFPT

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I think Paypal needn't to implement Bitcoin because It act with certain purpose. Paypal is development with its way year by year . I'm sure most of the bitcoin users were also used PayPal PayPal is seeing its user base grow continuously year after year, so it's safe to say that they market themselves very well, and that there is a decent amount of demand for their platform. It's not a shocking growth they experience, but it's at least consistent.
PayPal is a popular payment processor

lhfly2019

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It's a really hard choice for Paypal.
As the founder of the Internet Payment,it wanna hug the BTC and BlockChain fiercely.
But on the other way,Paypal knows that every action it takes will influence the whole payment area and
would cause gov's supervision!!
It's dilemma,really,really hard!

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