Why PayPal and Bitcoin should partner up.

AtheistAKASaneBrain

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Quote from: iliasyaco on March 09, 2015, 06:21:48 PM

i have no idea Grin

What do you think peepz?
Should they or not and why?BTC

Didn't they announce an official partnership already? I remember seeing Bitcoin mentioned i a Paypal advertisement in Youtube.

Herbert2020

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it would be nice if you could both buy and sell bitcoin in your paypal account or charge your account with bitcoin. although it is defeating the purpose of anonymity, i think it would be handy

Nerazzura

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Quote from: iliasyaco on March 09, 2015, 06:21:48 PM

i have no idea Grin

What do you think peepz?
Should they or not and why?BTC

paypal accept bitcoin, and bitcoin can be exchanged with paypal. however, paypal which must apply for it. because bitcoin is very special. The fastest transaction without having to be verified

Beliathon

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https://youtu.be/PZm8TTLR2NU

Bitcoin doesn't need Paypal.

Paypal needs to adapt and pivot into the bitcoin space of they want to have any hope of being in business ten years from now.

dothebeats

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Cashback 15%

Quote from: Amph on March 10, 2015, 09:46:17 AM

i hate chargeback, and one of the reason why i like bitcoin, are the irreversible transactions

so no, they shouldn't, but it could benefits the average joe, who want more security

Chargeback protects the users against fraudulent transactions because if ever the seller got paid but never sent the money, the buyer from the other side would still retrieve his/her money.

dothebeats

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Cashback 15%

Maybe the appropriate term is "integrate" and not "partner." Why would a big company "partner" up with a network of decentralized computers in the first place when they could simply adopt the system and use the currency as a payment option? If I'm not mistaken, they are into integrating bitcoin.

---> https://www.paypal.com/webapps/mpp/paymentshub

Amph

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i hate chargeback, and one of the reason why i like bitcoin, are the irreversible transactions

so no, they shouldn't, but it could benefits the average joe, who want more security

Daniel91

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Quote from: Q7 on March 10, 2015, 09:20:25 AM

This integration has long been in discussion but i don't know why it has yet to be implemented. I think it's good for both sides paypal will benefit from btc users vice versa we want to be able to pay using btc at large marketplace where paypal is dominating. Hopefully we can see this become a reality by end of this year and if it does it's going to be a major boost for bitcoin adoption.

I agree with you.
If PayPal and Bitcoin partner up, it will benefit both sides but paypal CEO may feel that they don't need BTC, because we are still ''small' comparing with them.
I hope that they will see ''bigger'' picture and understand great potential of BTC or someone else will replace them and accept bitcoin as partner.

erikalui

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Mainly PayPal should not consider all the users of bitcoin as committing illegal activities and should let people exchange bitcoins for cash. It is not necessary that all only use bitcoins for gambling purposes. PayPal currently limits the accounts that are bitcoin related and except Virvox, all other transactions can get your account frozen.

Q7

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This integration has long been in discussion but i don't know why it has yet to be implemented. I think it's good for both sides paypal will benefit from btc users vice versa we want to be able to pay using btc at large marketplace where paypal is dominating. Hopefully we can see this become a reality by end of this year and if it does it's going to be a major boost for bitcoin adoption.

finnile

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Quote from: hdd3go on March 10, 2015, 01:32:40 AM

Quote from: Script on March 09, 2015, 07:10:46 PM

Already happened: http://www.coindesk.com/bitcoin-processors-paypal-partnership/

Yes, I remember there was a news about PayPal and Bitcoin, a subcompany of PayPal accepted Bitcoin as a payment method, but it doesn't mean PayPal accepts Bitcoin too.

There was actually something new this morning about maybe new plans of paypal to integrate bitcoin
https://i.imgur.com/A1iGvXI.jpg

Don't know if it has been integrated though

hdd3go

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Quote from: Script on March 09, 2015, 07:10:46 PM

Already happened: http://www.coindesk.com/bitcoin-processors-paypal-partnership/

Yes, I remember there was a news about PayPal and Bitcoin, a subcompany of PayPal accepted Bitcoin as a payment method, but it doesn't mean PayPal accepts Bitcoin too.

pooya87

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many people believe that bitcoin should replace paypal, and we should be able to do all our purchases with bitcoin but i think the chargeback feature of paypal is sometimes a necessity.

BitCoinNutJob

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Quote from: ShintoshiBTC on March 09, 2015, 10:29:18 PM

Paypal hates Bitcoin.

I really dont think if that can be done.

I think they are just waiting to see how things go, using bitcoin could save them a ton of money and help them reach every single country around the world. They do like bitcoin though:

https://i.imgur.com/A1iGvXI.jpg

MineForeman.com

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Quote from: ShintoshiBTC on March 09, 2015, 10:29:18 PM

Paypal hates Bitcoin.

That is actually far from the truth, paypal are taking bitcoin very seriously and are already making move to integrate it;-

http://video.cnbc.com/gallery/?video=3000281677

ShintoshiBTC

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YOU"RE LIKE A TIMEBOMB!

Paypal hates Bitcoin.

I really dont think if that can be done.

rokkyroad

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Why would Paypal not want to use btc. Btc is just like cash. No credit card companies to deal with and no credit card fees. PP will still get their cut and maybe a bigger cut. I don't know what or if it costs PP to deal with Visa and Mastercard.

Its also great for buyers and sellers who like the Paypal system and whatever security it offers.

Bobsurplus

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Making money since I was in the womb! @emc2whale

Quote from: MineForeman.com on March 09, 2015, 08:29:11 PM

OP Subject: Why PayPal and Bitcoin should partner up.

Picture in my mind: PayPal CEO picking up the phone and asking his secretary for bitcoin's phone number.

LOL... That's funny bro... I can see the secretary calling all the bitcoin businesses trying to figure this shit out.

EcuaMobi

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https://Ecua.Mobi

Quote from: KaChingCoinDev on March 09, 2015, 08:27:47 PM

Check your Internet, as it is up for me. Also, you can always go to http://www.downforeveryoneorjustme.com and see if it is down for you or everyone.

Not available in Ecuador. It works if I force the US version:

https://www.paypal.com/us/webapps/mpp/paymentshub

MineForeman.com

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OP Subject: Why PayPal and Bitcoin should partner up.

Picture in my mind: PayPal CEO picking up the phone and asking his secretary for bitcoin's phone number.

Topic: Why PayPal and Bitcoin should partner up. (Read 1762 times)